External
Notes and Debentures
Exemption Date – 21 July 2008
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
50% |
of the face value of the investment |
21 July 2008 |
|
25% |
of the face value of the investment |
19 October 200 — 9 |
|
Income Value |
||
|
0% |
no actual income is being paid |
21 July 2008 |
Note: Not a Ministerial Exemption. These notes and 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.