ELLIOTT HARVEY SECURITIES LTD | Compensation and Support Reference Library, Deeming Exemptions Register, Exempted Failed Investments

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ELLIOTT HARVEY SECURITIES LTD

Advances To Ronbar Enterprises Pty Ltd

Exemption Date – 8 September 2008

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

9%

of the face value of the investment

23 March 2011

20%

of the face value of the investment

8 September 2008

Income Value

0%

no actual income is being paid

8 September 2008

Note: Not a Ministerial Exemption.  These financial investments are no longer classed as financial assets as the mortgagees have taken possession of the security property . See CLIK guidelines P10/C2/S4/Assessing Failed Loans and Debts.