IHTM18113 - Listed stocks, shares and investments: suspended/cancelled/negligible value shares
Nil value offered
Refer the holding to PC&S, on form 516 (IHTM18080) where appropriate.
PC&S have a list of companies (provided by Shares and Assets Valuation (SAV) whose shares can be accepted as of negligible value. They will check your holding against this list and advise you whether the nil value can be accepted.
- If PC&S cannot accept the nil value because the holding is not on the negligible value list, refer to SAV by form Val70 (IHTM18151).
Valued at last quotation
- Refer the holding to SAV by form Val70, indicating clearly that the listing is cancelled or suspended. Provide a copy of any supporting documentation from your file.