The HETS Operator shall assign the Clearing of Positions, risk management and Cash Settlement procedures that need to be performed in the context of the operation of the Balancing Market to a Clearing House, as set out in Article 12 and 17 of Law 4425/2016 and this Rulebook. The Clearing House shall have a Clearing Rulebook for Balancing Market Positions, which shall be issued as laid down in Articles 12 and 13(2) of Law 4425/2016.

The Clearing House shall perform the Clearing of Positions, risk management and Cash Settlement procedures in accordance with this Rulebook, the Clearing Rulebook for Balancing Market Positions and the Implementing and Technical Decisions issued for their performance, and shall undertake all the duties and responsibilities arising from them vis-a-vis the HETS Operator and any other third party involved in their implementation. The Participants shall be liable to fulfill their monetary obligations arising from this Rulebook as set out in the Regulation for the Settlement of Balancing Market Positions CHAPTER 22 and in CHAPTER 23 of this Rulebook.