At a hearing of the disciplinary tribunal held in public on
14 June 2007, at which the member was not in attendance and not represented by counsel, Ross David Wilding, a chartered accountant of Queensland, Australia, admitted
the following particular and pleaded guilty to the following charge.
The charge and particular set out in the notice to the member were as follows.
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(d), the member was adjudicated bankrupt.
IN THAT on or about 19 December 2006, the member was adjudicated bankrupt in the Christchurch High Court.
The member has pleaded guilty to the charge and admitted the particular.
Bankruptcy of a member reflects badly on the institute and its members.
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 Ross David Wilding be suspended from membership until his discharge from bankruptcy or five years, whichever is the earlier.
(b) Pursuant to Rule 21.33 of the Rules of the Institute of Chartered Accountants of New Zealand, the disciplinary tribunal ordered that Ross David Wilding pay to
the institute the sum of $1,500.00 (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 tribunal be published in the Chartered Accountants Journal, the
New Zealand Gazette, and on the institute’s website with mention of the member’s name and locality.
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 20th day of June 2007.
R. J. O. HOARE, Chairman, Disciplinary Tribunal.