B
Benjamin
Member
Could you please clarify the nature of expenses to be included at each level?
e.g. Offer basis, offer price
- CMP section 4.2 says appropriation price is market offer price of assets + expenses incurred in the purchase + stamp/other duty
- CMP section 6.2 says offer price is appropriation price + initial charges + rounding, where initial charges include "other management expenses"
Just to be clear in the case of a finicky question, is the former relating to specific transaction/dealing costs of the assets' purchase and the latter e.g. contribution to salaries/overheads/etc.? One might argue that any direct costs relating to dealing with the customer should be passed on regardless of if units are being bought or sold and therefore variable costs and/or contribution to overheads should be included in the appropriation price...
e.g. Offer basis, offer price
- CMP section 4.2 says appropriation price is market offer price of assets + expenses incurred in the purchase + stamp/other duty
- CMP section 6.2 says offer price is appropriation price + initial charges + rounding, where initial charges include "other management expenses"
Just to be clear in the case of a finicky question, is the former relating to specific transaction/dealing costs of the assets' purchase and the latter e.g. contribution to salaries/overheads/etc.? One might argue that any direct costs relating to dealing with the customer should be passed on regardless of if units are being bought or sold and therefore variable costs and/or contribution to overheads should be included in the appropriation price...