1.12.4 Process Dividend Reversals/Amendments

This topic provides the systematic instructions to process Dividend Reversals/Amendments.

When a dividend reversal/amendment for specific unit holders is processed, the following operations are performed by the system:

1. Perform Freeze holdings calculations again, if specified for the amendment. For reversals, recalculation of freeze holdings is performed as a mandatory process.
2. Compute the dividend payment and tax amounts for the specific unit holders.
3. Update the recomputed dividend information and mark the previous dividend calculations as history data.
4. Reverse the previous reinvestments and generate the new reinvestments, if specified for the amendment.