EBA NPL.Property Collateral.Party Liable for VAT
From Open Risk Manual
Contents
Definition of Property Collateral / Party Liable for VAT
Property Collateral.Party Liable for VAT: Party who is liable to pay the VAT on the disposal of the Unit i.e. the Institution or the buyer(s)
- EBA Field Index 11.049
- Documentation Entry 324
Description
"Party Liable for VAT" is the party who is liable to pay the VAT on the disposal of the Unit.
Field Characteristics
Where the field type is a Choice. The following choices are available:
- (a) Institution
- (b) Buyer(s)
- (c) Counterparty
The field's importance for the Loan Tape is Important.
The field belongs to the EBA NPL Property Collateral Table.
The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Unsecured Loans, Auto Loans, Leasing / Asset Backed Finance,
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
