SECURED MORTGAGE MANAGEMENT LIMITED (SMML)
Summit Mortgage Fund Debentures
Exemption Date – 19 June 2008
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
100% |
of the face value of the investment |
19 June 2008 |
|
Income Value |
||
|
0% |
no actual income is being paid |
19 June 2008 |
Note: Not a Ministerial Exemption. These debentures 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/secured-mortgage-management-limited-smml