ACF INVESTMENTS LIMITED
Financial Investments
Exemption Date – 28 October 2008
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
Asset Value |
| Effective Date |
52.04% | of the face value of the investment | 28 October 2008 |
39.46% | of the face value of the investment | 4 August 2009 |
34.23% | of the face value of the investment | 29 January 2010 |
31.04% | of the face value of the investment | 23 July 2010 |
26.72% | of the face value of the investment | 7 January 2011 |
23.04% | of the face value of the investment | 1 August 2011 |
19.36% | of the face value of the investment | 28 June 2012 |
10.98% | of the face value of the investment | 25 March 2013 |
5.60% | of the face value of the investment | 27 March 2014 |
0.00% | of the face value of the investment | 15 December 2014 |
Income Value |
|
|
0% | no actual income is being paid | 28 October 2008 |
The Liquidator has advised there may be more distributions to come, the exact dates and amounts are unknown at this stage.
Note: Not a Ministerial Exemption. 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.
Source URL: https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/acf-investments-limited