INTM333180 - Double Taxation applications and claims: Vouchers: What a block voucher is
When there is a dividend or interest payment in respect of a security in a block holding, the payer will issue a single voucher to the bank or finance house holding the block, which is usually in the name of its subsidiary nominee company. The bank or finance house then usually issues a subsidiary voucher, either in the R189 series or of its own approved design, for each individual customer바카라 사이트™s share of dividends or interest it has received in respect of the block holding. Each subsidiary certificate carries a statement that the customer바카라 사이트™s holding of X shares is part of a block holding of Y shares.