Mascot Finance Limited was placed into receivership on 2 March 2009, triggering the Crown guarantee.
Please read the media statement by John Whitehead, Secretary to the Treasury: Mascot Finance customers covered by deposit guarantee scheme (2 March 2009).
Repayment of All Depositors#
Mascot Finance Preference Shares#
Mascot Finance Preference Shares are not eligible for repayment under the Crown guarantee. The preference shares are subordinated unsecured securities, which means they are excluded, and always have been excluded, from coverage by the Crown guarantee.
Progress of the Repayment Process#
The Treasury has completed repayment of depositors under the terms of the Crown guarantee. If you have questions in relation to your payment please call our paying agent, Computershare Investor Services, on their toll-free telephone number: 0800-220-010.
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