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LEGAL c o n t .

auditors with effect frommidnight on 31March 2014.

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A fine of R100,000 was imposed in respect of each of the

four charges, payment of which was suspended until such

time as the Respondent is re-registered with the Board and

shall be a condition for such re-registration.

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The Respondent shall not apply for re-registration at any

time before 31 March 2019, and shall not automatically

be entitled to entry onto the register after that date.

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The Respondent was ordered to pay a contribution towards

the reasonable costs of the Board in the amount of

R500,000.

The charges against the Respondent, his conviction

thereon, as well as the facts or a fair summary of those facts

giving rise to the charges and conviction, as well as the

sanction which has been imposed shall be published in

IRBANews, and the Respondent’s name and that of his firm

shall also be published in IRBANews.

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Issue 26 April - June 2014

Jane O’Connor

Director: Legal

Telephone: 087 940 8804

Fax:

087 940 8873

E-mail:

legal@irba.co.z a