At hearings of the Disciplinary Tribunal of the Institute of Chartered Accountants of New Zealand held on the 21st day of October 2002 and the 30th day of October 2002, the Tribunal considered an application from the Professional Conduct Committee for interim suspension of accounting technician member Christine Lillian Frew, of Hamilton, who, in her role as treasurer of a non-profit organisation, without authorisation or knowledge of the organisation, used funds to the value of around $21,000.00 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 Christine Lillian Frew 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 Christine Lillian Frew be hereby suspended from membership of the Institute of Chartered Accountants of New Zealand pending the further order of the tribunal.
(b) Following the expiration of 14 days from the
giving of notice of this decision to Christine Lillian Frew, notice of the suspension be published in
the New Zealand Herald, the Waikato Times, the New Zealand Gazette and the Chartered Accountants Journal of New Zealand.
Dated this 25th day of November 2002.
ANTHONY N. FRANKHAM, Chairman, Disciplinary Tribunal.