{
  "$schema": "http://json-schema.org/draft-04/schema#",
  "$anchor": "cdm.product.template",
  "type": "object",
  "title": "RecallProvision",
  "description": "Defines the additional features that allow securities to be recalled by the lender before the term of the loan. A recall is not the same as an early termination, but may result in the early termination of a loan.",
  "properties": {
    "isRecallable": {
      "description": "Whether the securities on loan can be recalled by the lender.",
      "type": "boolean"
    },
    "issuanceCutoffTime": {
      "description": "The operational deadline on T+0 before which a recall must be requested. For the UK, best practice recommends that this would be 30 minutes before market close i.e. 16:00:00 GMT.",
      "$ref": "cdm-base-datetime-TimeZone.schema.json"
    },
    "notificationTime": {
      "description": "The time on the day of intended settlement by which the borrower must notify the lender that they will be returning the requested security. For the UK, best practice recommends that this would be 30 minutes before the CREST DVP cut-off time i.e. 15:15:00 GMT",
      "$ref": "cdm-base-datetime-TimeZone.schema.json"
    },
    "intendedSettlementDate": {
      "description": "The intended settlement date of the recall, expressed as an offset against a relative date e.g. T+1. The best practice is that the borrower must make their best efforts to settle on T+1.",
      "$ref": "cdm-base-datetime-RelativeDateOffset.schema.json"
    }
  },
  "required": [
    "isRecallable"
  ]
}