LM INVESTMENT MANAGEMENT LTD

Advance to Cairns Campus-SMIF1503

Exemption Date - 26 October 2001

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value		Effective Date
100%	of the face value of the investment	26 October 2001
Income Value
0%	no actual income is being paid	26 October 2001

Note: Not a Ministerial Exemption. This is no longer classed as a financial asset as the borrower is bankrupt and the mortgagee (LM Investment Management Ltd) is in possession of the property. See CLIK guidelines P10/C2/S4/Assessing Failed Loans and Debts

Source URL (modified on 13/10/2014 - 10:46am): https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/lm-investment-management-ltd

Links
[1] https://clik.dva.gov.au/user/login?destination=comment/reply/23408%23comment-form