At a hearing held on the 29th day of October 2001 of the Disciplinary Tribunal of the Institute of Chartered Accountants of New Zealand, the Tribunal had before it Karen Jane Halligan, of Auckland, who in her role as a contract accountant, during the period of her contract, without authorisation or knowledge of her employer, used their cheques to the value of approximately $72,000.00 for her own private purposes.
The Tribunal resolved unanimously, pursuant to Rule 21.20 of the Rules of the Institute of Chartered Accountants of New Zealand issued under the Institute of Chartered Accountants of New Zealand Act 1996, to suspend Karen Jane Halligan from membership on the following terms:
(a) The Tribunal is satisfied that it is necessary and desirable, having regard to the interests of the public, that Karen Jane Halligan be and is hereby suspended from membership of the Institute of Chartered Accountants of New Zealand pending the further order of the Tribunal.
(b) That following the expiration of 14 days from the giving of notice of this decision to Karen Jane Halligan, notice of suspension be published in the New Zealand Herald, the New Zealand Gazette and the Chartered Accountants Journal of New Zealand.
Dated this 15th day of November 2001.
MARK SHENNAN, Secretary, Disciplinary Tribunal.