Security Types, Other
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Security Types form, Other page

Percentage of Security to use in Valuations

Default Percent

Enter a percentage of the value that will be used as the security value for lending purposes.

Percentage of Residual Value to use

Use Residual Value?

Tick where Residual values are applicable to this Security Type.

Allow Residual Value greater than 100%?

Tick to allow the Residual Value entered to be greater than 100%.

Default Percent

Enter the percentage of value that will be the default Residual Value.

Parameter Set to enter User Defined details

Parameter Set

Select the Parameter Set to be used when entering User Defined fields.

Information Lists

Select the Information Lists to be used for the various fields; Colour, Country of Origin, Make and Type. Different Information list items will be displayed based upon the Security Type defined.

  • Motor Vehicle security items can use a single Information List to fill multiple fields by using a pipe character to separate the fields in a list item, e.g. Toyota|Corolla|GL will give Make = Toyota, Model = Corolla, Sub-Model = GL or Car|Sedan will give Vehicle Type = Car, Body Style = Sedan
  • Information Lists "SecRegCountries" and "SecRegAircraftClass" can be imported via Global Settings, Securities, PPSR NZ page, "Import Information" button.

Topic last updated on 29/11/2018 9:17AM SecurityType.Other