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PAN AUSTRALIAN CREDIT (QUEENSLAND)

Deposits

Exemption Date - 6 February 1991

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

Effective Date

10%

of the face value of the investment

23 September 1992

100%

of the face value of the investment

6 February 1991

Income Value

0%

no actual income is being paid

6 February 1991