GLOBAL FINANCE GROUP PTY LTD (also see Global Finance above)
Advance to Travilla Pty Ltd / Dalphine Pty / RTZ Explorations Australia Pty Ltd
Exemption Date – 6 January 1999
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
50% |
of the face value of the investment |
17 September 2003 |
|
100% |
of the face value of the investment |
6 January 1999 |
|
Income Value |
||
|
0% |
no actual income is being paid |
6 January 1999 |
Secured by way of a mortgage over property at Cnr Toodyay & Jingaling Brook Roads, Toodyay, Western Australia.
Cash Deposits and Company Accounts
Exemption Date – 19 February 1999
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
0% |
of the face value of the investment |
19 February 1999 |
|
Income Value |
||
|
0% |
no actual income is being paid |
19 February 1999 |
Note: these deeming exemptions relate only to monies held specifically in these companies and not to individual mortgage loans.
No income or asset test exemptions have been granted for clients holding individual mortgage loans with third parties. Contact the IDU for instructions on individual mortgage loans.
Trust Fund Accounts
Exemption Date – 19 February 1999
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
100% |
of the face value of the investment |
19 February 1999 |
|
Income Value |
||
|
0% |
no actual income is being paid |
19 February 1999 |
Note: these deeming exemptions relate only to monies held specifically in these companies and not to individual mortgage loans.
No income or asset test exemptions have been granted for clients holding individual mortgage loans with third parties. Contact the IDU for instructions on individual mortgage loans.
Mortgages listed in Table 1 below
Exemption Date – refer to Table 1 below
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
Varies |
contact IDU to verify estimated capital return for each individual mortgage |
|
|
100% |
of the face value of the investment |
Refer to Table 1 below |
|
Income Value |
||
|
0% |
no actual income is being paid |
Refer to Table 1 below |
TABLE 1: LIST OF MORTGAGES
|
LOAN SECURITY Land Titles Reference Volume Folio |
GLOBAL REF. |
MORTGAGOR |
DATE OF EFFECT |
|
|
Unknown |
Unknown |
Unknown |
MJ, S, PA & LM King - secured by way of first mortgage over Avon Locations 1949, 1702, t & x, Qualen Road, York, Western Australia |
6/1/00 |
|
2093 |
8 |
Unknown |
Perrymead Investments Pty Ltd |
26/3/99 |
|
2029 |
962 |
Unknown |
Garon Pty Ltd |
26/3/99 |
|
Unknown |
Unknown |
Unknown |
Kentucky Nominees Pty Ltd - secured by way of first mortgage over Lot 31, 24 Trafalgar Road, East Perth, Western Australia. |
26/3/99 |
|
1746 & 2065 |
625 & 76 |
1090 |
Terrace Road Pty Ltd |
17/2/99 |
|
1984 |
101 |
Unknown |
Advance to Haskin Pty Ltd |
30/6/99 |
|
2045 |
948 & 949 |
1059 |
Garon Pty Ltd |
4/2/99 |
|
2087 |
939 |
1163 |
King and I Pty Ltd |
1/2/99 |
|
2088 |
430 |
1171 |
Enterprise Corporation Pty Ltd |
10/11/97 |
|
2100 |
55 |
1191 |
Garon Pty Ltd |
1/2/99 |
|
2103 |
646 |
1323 |
Hillsfield Pty Ltd |
28/1/99 |
|
2134 |
540 |
1351 |
Garon Pty Ltd |
27/1/99 |
|
2134 |
545 |
1356 |
Garon Pty Ltd |
27/1/99 |
|
2134 |
557 |
1368 |
Garon Pty Ltd |
27/1/99 |
|
2142 |
849 & 850 |
1153 |
D Casella |
14/12/98 |
|
2152 |
612 |
Unknown |
MJ & S King and PA & LM King |
8/7/99 |
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/global-finance-group-pty-ltd-also-see-global-finance-above