Why does "If Value is Nothing" throw "Object Required (Error 424)"
<p>The following code throws <code>Object Required (Error 424)</code> at the if statement comparing with <code>Nothing</code> independent of the value given. Why?</p>

<pre><code>Public Function SqlizeCellValue(ByVal Value As Variant) As Variant
    If Value Is Nothing Then
        SqlizeCellValue = Nothing
    ElseIf Value = Null Then
        SqlizeCellValue = Null
    ElseIf Value = "" Then
        SqlizeCellValue = Null
    ElseIf Value = "0" Then
        SqlizeCellValue = Null
    ElseIf Value = "---" Then
        SqlizeCellValue = Null
    ElseIf LCase(Value) = "n.c." Then
        SqlizeCellValue = Null
    Else
        SqlizeCellValue = Value
    End If
End Function
Public Sub TestSqlizeCellValue()
    Debug.Assert SqlizeCellValue("") Is Null
    Debug.Assert SqlizeCellValue("0") Is Null
    Debug.Assert SqlizeCellValue("---") Is Null
    Debug.Assert SqlizeCellValue(Nothing) Is Nothing
    Debug.Assert SqlizeCellValue(Null) Is Null
End Sub
</code></pre>