Hi, Paul.

PE> FM> Looks like I'll have to add "review cash report" to
the list of boring
PE> FM> admin-type things *I* have to do each day. (This is not the only
PE> example
PE> FM> of minor but annoying problems I've had in this area.)

PE> FM> Just send the cheque back, to *my* attention. Don't write anything on
PE> FM> it, it's going to Paul Edwards's account, not Cameron's.

PE> I don't have an account with Cameron though?  We actually have another

Yes you do, your client account. Actually you have 3, PE (normal), PE
(BT) and XE. But your cash management account is an account with ANZ
Trustees in *your* name. We are an "intermediary", with authority to
operate on that account. In fact *only* we can withdraw from the
account, but both we and you can deposit.

PE> cheque, a dividend for Xiayi, so we may bank both of them instead. BTW,

Your choice.

PE> that's another problem.  Xiayi got sent a cheque instead of a DRP, and also

Some companies have withdrawn their DRP recently. I don't know if this
was one. If not, and you'd sent in the paperwork, you could demand that
they issue shares ilo the cheque. Of course they'd probably claim they'd
never got it and you'd be up shit creek.

PE> it said she hadn't declared her TFN, which she had.  Any ideas (I do
PE> remember they sent out a bunch of papers a few months ago, which I

Sound like they never got the originals for both DRP & TFN or, just as
likely, lost it internally.

PE> ignored, because we had already filled them in a month after getting
PE> the original shares).  BFN.  Paul.

You will have to take that up with the company (actually, it's share
registry) yourself. I could do it for you on the DRP issue, but
companies will not accept a TFN from a 3rd party because of the stupid
fucking privacy laws surrounding the whole TFN balls-up.

I recall the system design issues at the time TFNs were introduced,
because my systems team at the bank had to implement them for my
clients. At one stage it seemed that we'd have to

1) Have TFNs provided by clients on a separate sheet of paper (from
   other new client info) so that 3) could happen.

2) Have them entered into the computer only by a person of "supervisory"
   status.

3) Immediately destroy the physical piece of paper.

4) Ensure that no screen available to other than a very restricted set
   of specifically authorised people could display the TFN.

Total bureaucratic balls-up. As usual.

Regards, fIM.

 * * When censorship works, you don't know it.
@EOT:

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