19 APRIL 2007

NEW ZEALAND GAZETTE, No. 43

1143

Notice of Entry into Possession of Mortgaged Property

Section 104DD of the Property Law Act 1952

Take notice that on 4 April 2007, Bridgecorp Limited by virtue of memorandum of mortgages 5928689.3 and 5759533.5 (North Auckland Registry) upon the properties situated and comprised in respective Computer Freehold Registers (all North Auckland Registry) as follows:

1 Stokes Road, Mt Eden, Auckland (Computer Freehold Register NA1106/107);

1A Stokes Road, Mt Eden, Auckland (Computer Freehold Register NA1106/296);

19 Tawari Street, Mt Eden, Auckland (Computer Freehold Register NA1A/684); and

21 Tawari Street, Mt Eden, Auckland (Computer Freehold Register NA1A/559)

has entered into possession of the mortgaged properties.

The registered office of Bridgecorp Limited is at Level 11, HSBC House, 1 Queen Street, Auckland.

Any correspondence pertaining to this matter should be directed to the solicitors for Bridgecorp Limited, McVeagh Fleming at Level 14, HSBC House, 1 Queen Street (PO Box 4099), Auckland. Telephone: (09) 377 9966 (Attention: Craig Andrews).

Dated at Auckland this 4th day of April 2007.

Signed for and on behalf of Bridgecorp Limited by its solicitors and duly authorised agent McVeagh Fleming per:

C. R. ANDREWS.

gn2411

Disciplinary Tribunal of the Institute of Chartered Accountants of New Zealand—Notice of Decision

(Member Guilty of Misconduct in a Professional Capacity, Conduct Unbecoming an Accountant, Breaching the Institute’s Rules or Code of Ethics and Failing to Comply With an Order by the Professional Conduct Committee)

At a hearing of the disciplinary tribunal of the Institute of Chartered Accountants of New Zealand held in public on 29 March 2007, at which the member was in attendance and not represented by counsel, Paul Andrews, a provisional member of Nelson, admitted the following particulars (a), (b) and (c) and pleaded guilty to the following charges (1), (2), (3) and (4).

Charges

THAT in terms of the Institute of Chartered Accountants of New Zealand Act 1996 and the Rules made thereunder, and in particular Rule 21.30, the member is guilty of:

(1) misconduct in a professional capacity; and/or

(2) conduct unbecoming an accountant; and/or

(3) breaching the Rules or the Code of Ethics (particularly Rule 18.2 and 19.2); and/or

(4) failing to comply with an order made by the professional conduct committee.

Particulars

IN THAT:

Being a provisional member of the institute and in relation to a complaint, the member:

(a) was at all material times offering accounting services to the public without holding a certificate of public practice, in breach of Rule 18.2; and/or

(b) was at all material times a director and shareholder of Andrews Brydon Limited, a company which offers accounting services to the public without the consent of council, in breach of Rule 19.2(c); and/or

(c) failed to attend a final determination with the professional conduct committee on 25 October 2006 that he was required to attend in accordance with Rule 21.3(d).

Reasons

Paul Andrews is a provisional member who has been offering accounting services through a company of which he was a director and shareholder when he was not entitled to. Members of the public could believe that the member is a chartered accountant holding a certificate of public practice. The tribunal ordered that Paul Andrews be suspended from membership as it is necessary to protect the interests of the public.

Orders of the Tribunal

(a) Pursuant to Rule 21.31(b) of the Rules of the Institute of Chartered Accountants of New Zealand, the disciplinary tribunal ordered that Paul Andrews be suspended from membership of the institute until 10 November 2009.

(b) Pursuant to Rule 21.33 of the Rules of the Institute of Chartered Accountants of New Zealand, the disciplinary tribunal ordered that Paul Andrews pay to the institute the sum of $5,191.00 (inclusive of GST) in respect of the costs and expenses of the hearing before the disciplinary tribunal and the investigation by the professional conduct committee.

In accordance with Rule 21.35 of the Rules of the Institute of Chartered Accountants of New Zealand, the disciplinary tribunal directed that the decision of the disciplinary tribunal be published in the Chartered Accountants Journal, the New Zealand Gazette, the Nelson Mail, and on the institute’s website with mention of the member’s name and locality.

The publicity in the Chartered Accountants Journal, the New Zealand Gazette and the website will be the full version of the notice of decision, and the version in the Nelson Mail will be the abbreviated version of the notice with reference to the full decision being on the institute’s website.

Right of Appeal

Pursuant to Rule 21.41 of the Rules of the Institute of Chartered Accountants of New Zealand which were in force at the time of the original notice of complaint, the member may, not later than 14 days after the notification of this tribunal to the member of the exercise of its powers, appeal in writing to the appeals council of the institute against the decision.

No decision other than the direction as to publicity shall take effect while the member remains entitled to appeal or while any such appeal by the member awaits determination by the appeals council.

Dated this 4th day of April 2007.

R. J. O’HOARE, Chairman, Disciplinary Tribunal.

gn2523

Disciplinary Tribunal of the Institute of Chartered Accountants of New Zealand—Notice of Decision

(Member Guilty of Misconduct in a Professional Capacity, Conduct Unbecoming an Accountant and Breaching the Institute’s Code of Ethics 1995)

At a hearing of the disciplinary tribunal of the Institute of Chartered Accountants of New Zealand held in public on 29 March 2007, at which the member was in attendance and represented by counsel, Michael Timothy Tolich, a chartered accountant of Manukau City, admitted the following particulars (a), (b), (c) and (d) and pleaded guilty to the following charges (2) and (3) and was found guilty of the following charge (1).