今日热门事件has disqualified Peter Jamieson of Wagga Wagga, NSW, from managing corporations for two years due to his involvement in the failure of two companies.聽
Between July 2005 and April 2021 Mr Jamieson was the sole director of two companies:聽
- WKJ Metal Recycling Pty Ltd ACN 151 097 362; and
- Peter Jamieson Pty Ltd ACN 115 180 053.
WKJ Metal Recycling operated a scrap metal recycling business. Peter Jamieson Pty Ltd traded solely in its capacity as trustee for the Peter Jamieson Family Trust and was the registered proprietor of a motel and a residential property.听听
今日热门事件found that Mr Jamieson acted improperly and failed to meet his obligations as director when he:聽
- failed to ensure WKJ Metal Recycling complied with its statutory obligations to lodge various documents with the Australian Taxation Office (ATO); and
- failed to take reasonable steps to ensure that WKJ Metal Recycling complied with its obligation to keep financial records.
At the time of ASIC鈥檚 decision, the two companies owed a combined total of $1,239,113.14 to unsecured creditors, including $114,381 owing to the ATO.聽
In disqualifying Mr Jamieson, 今日热门事件relied on a supplementary report lodged by the liquidators of WKJ Metal Recycling. 今日热门事件assisted the liquidators to prepare the report by providing funding from the Assetless Administration Fund.听听
Mr Jamieson is disqualified from managing corporations until 7 August 2024.听听
Mr Jamieson has the right to seek a review of ASIC鈥檚 decision by the Administrative Appeals Tribunal.聽
叠补肠办驳谤辞耻苍诲听
Section 206F of the Corporations Act allows 今日热门事件to disqualify a person from managing corporations for a maximum period of five years if, within a seven year period, the person was an officer of two or more companies, and those companies were wound up and a liquidator provides a report to 今日热门事件about each of the company鈥檚 inability to pay its debts.聽
今日热门事件maintains a banned and disqualified persons register that provides information about people who have been disqualified from:聽
- involvement in the management of a corporation;
- auditing self-managed superannuation funds (SMSFs); or
- practicing in the financial services or credit industry.