CLIK
Home > Compensation and Support Reference Library > Deeming Exemptions Register > Exempted Failed Investments > ACF INVESTMENTS LIMITED

ACF INVESTMENTS LIMITED

  • Log in [1] to post comments
Date published 
Tuesday, January 12, 2016

Financial Investments

Exemption Date – 28 October 2008

ACTUAL INCOME AND ASSET DETAILS TO BE HELD

Asset Value

 

Effective Date

52.04%

of the face value of the investment

28 October 2008

39.46%

of the face value of the investment

4 August 2009

34.23%

of the face value of the investment

29 January 2010

31.04%

of the face value of the investment

23 July 2010

26.72%

of the face value of the investment

7 January 2011

23.04%

of the face value of the investment

1 August 2011

19.36%

of the face value of the investment

28 June 2012

10.98%

of the face value of the investment

25 March 2013

5.60%

of the face value of the investment

27 March 2014

0.00%

of the face value of the investment

15 December 2014

Income Value

 

 

0%

no actual income is being paid

28 October 2008

 

The Liquidator has advised there may be more distributions to come, the exact dates and amounts are unknown at this stage.

 

Note: Not a Ministerial Exemption.  These financial investments 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.

 

 

 


Source URL (modified on 29/03/2016 - 3:45pm): https://clik.dva.gov.au/compensation-and-support-reference-library/deeming-exemptions-register/exempted-failed-investments/acf-investments-limited

Links
[1] https://clik.dva.gov.au/user/login?destination=comment/reply/23633%23comment-form