understand how the business operates including details/location of retail stores, directors/shareholding details. ?Remind me of that date, please? That’s 28 February 2012?Thank you. And then if we come down to 27 March 2012, and then we blow up the section if – we just note there’s a phrase which is: Default against Pie Face was dealt with via TLW deal number 1013555049. Do you know what that means?Yes, I do. And what does that mean?That’s reference to another credit memo like this. So this is this is the banker’s credit memo. The banker of the Pie Face franchisor. – Right?So this is the the banker’s notes. This is the banker’s TLA record of that, – which is the lending origination system lending system. – And it what had been a default against Pie Face had been dealt with by a TLW deal. What does TLW deal mean?That’s a previous one of the so what what – – – we’re working through here is the previous background of the decisions. So there’ll be another submission like this that will have where they would have worked that – through. So if you track down that deal number, that would be there would be – another submission that would cover that. That deal number is the very first one on 9 February 2012?It’s hard to follow, but That’s all right. And then as at 18 October 2012, if we blow up the last four lines at the bottom of the page. You will see it is said: Pending current financials being reviewed. ?Mmm. So as at it appears as at 18 October 2012, the financials hadn’t yet been the – – review of them hadn’t been completed?For this submission for at that time? – Yes?Yes. And have you seen any record of the receipt of all of Pie Face’s financial statements in or financial statements from Pie Face in 2012 by Westpac to ascertain – – effectively, to out an annual review during that year?No, I haven’t looked into the franchisor records.
understand how the business operates including details/location of retail stores, directors/shareholding details. ?Remind me of that date, please? That’s 28 February 2012?Thank you. And then if we come down to 27 March 2012, and then we blow up the section – if we just note there’s a phrase which is: Default against Pie Face was dealt with via TLW deal number 1013555049. Do you know what that means?Yes, I do. And what does that mean?That’s reference to another credit memo like this. So this is – this is the banker’s credit memo. The banker of the Pie Face franchisor. Right?So this is the – the banker’s notes. This is the banker’s TLA record of that, which is the lending origination system – lending system. And it what had been a default against Pie Face had been dealt with by a TLW deal. What does TLW deal mean?That’s a previous – one of the – so what – what we’re working through here is the previous background of the decisions. So there’ll be another submission like this that will have – where they would have worked that through. So if you track down that deal number, that would be – there would be another submission that would cover that. That deal number is the very first one on 9 February 2012?It’s hard to follow, but That’s all right. And then as at 18 October 2012, if we blow up the last four lines at the bottom of the page. You will see it is said: Pending current financials being reviewed. ?Mmm. So as at – it appears as at 18 October 2012, the financials hadn’t yet been – the review of them hadn’t been completed?For this submission for – at that time? Yes?Yes. And have you seen any record of the receipt of all of Pie Face’s financial statements in – or financial statements from Pie Face in 2012 by Westpac to ascertain – effectively, to out an annual review during that year?No, I haven’t looked into the franchisor records.
transcript-23-may-2018.docx