External
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.