External
Deposits
Exemption Date – 5 June 2003
ACTUAL INCOME AND ASSET DETAILS TO BE HELD
|
Asset Value |
Effective Date |
|
|
70% |
of the face value of the investment |
3 September 2003 |
|
100% |
of the face value of the investment |
5 June 2003 |
|
Income Value |
||
|
0% |
no actual income is being paid |
5 June 2003 |
Note: Not a Ministerial Exemption. This is no longer classed as a financial asset as this company is in the process of irreversible winding up. See CLIK guidelines P10/C2/S4/Assessing Failed Loans and Debts