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LM INVESTMENT MANAGEMENT LTD

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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

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