Possible bug in minoccurs restriction validation

Folks, I was wondering whether you guys know it as a bug or
I am doing something wrong. Let's say I have xsd.

<xsd:element name="InvestmentMovements">
  <xsd:complexType>
     <xsd:sequence>
        <xsd:element
name="InvestmentMovement"
minOccurs="0"
maxOccurs="unbounded">
   	     <xsd:complexType>
               <xsd:sequence>
		  	  <xsd:element name="FundCode"
type="xsd:string" minOccurs="1"
maxOccurs="1"/>
			  <xsd:element name="NAVDate"
type="xsd:date" minOccurs="1"
maxOccurs="1"/>
			  <xsd:element name="Amount"
type="xsd:decimal" minOccurs="1"
maxOccurs="1"/>
			  <xsd:element name="GLNumber"
type="xsd:string" minOccurs="1"
maxOccurs="1"/>
			  <xsd:element name="AssetType"
type="xsd:string" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="UK"
type="xsd:boolean" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="Approved"
type="xsd:boolean" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="IncomeType"
type="xsd:string" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="CSG"
type="xsd:boolean" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="Listed"
type="xsd:boolean" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="GBP"
type="xsd:boolean" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="Direction"
type="xsd:string" minOccurs="0"
maxOccurs="1"/>
			  <xsd:element name="YearEnd"
type="xsd:boolean" minOccurs="1"
maxOccurs="1"/>
               </xsd:sequence>
          </xsd:complexType>
        </xsd:element>
     </xsd:sequence>
  </xsd:complexType>
</xsd:element>

Data file

<InvestmentMovements>
  <InvestmentMovement>
    <FundCode>AAE6</FundCode>
    <NAVDate>2005-11-18</NAVDate>
    <Amount>-279824871.43</Amount>
    <GLNumber>103301</GLNumber>
    <GBP>true</GBP>
    <Direction>Credit</Direction>
    <YearEnd>false</YearEnd>
  </InvestmentMovement>
</InvestmentMovements>

AssetType & IncomeType are xsd:String and both are
defined as minOccurs=0. It throws exception if I don't have
those 2 tags in the data file. UK is xsd:boolean and
minOccurs=0, if I don't have that tag it works fine and
defaults to "false". I am attaching Debug log
from Tomcat.

Thanks for you help.
Rabi

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