CYMBIS FINANCE AUSTRALIA LIMITED
Ordinary Debentures
Exemption Date – 21 December 2009
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
Asset Value |
Effective Date |
|
0% |
of the face value of the investment |
21 December 2009 |
Income Value |
||
0% |
no actual income is being paid |
21 December 2009 |
Note 1 : These financial investments are no longer classed as financial assets as this company is in the process of irreversible wind up. See CLIK guidelines P10/C2/S4/Assessing Failed Loans and Debts.
Note 2: The Enhanced Debentures are not exempt and must continue to be assessed as financial assets.
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/cymbis-finance-australia-limited