Hamid Vaezi

Member’s name: Hamid Vaezi CPA
Date of Hearing: 8 September 2021
Division: South Australia
Tribunal: Disciplinary Tribunal

On 8 September 2021 the Disciplinary Tribunal found the Member breached Article 39(a)(ii)(C):

1. Of the 28 April 2014 Constitution, in that he “failed to observe a proper standard of professional care, skill or competence” by lodging a Form 484 “Change to Company Details” with the Australian Securities & Investments Commission without the client company’s authority and prior to obtaining any supporting company documents.
2. Of the 14 May 2019 Constitution, in that he “failed to observe a proper standard of professional care, skill or competence” by lodging a Form 484 “Change to Company Details” with the Australian Securities & Investments Commission, prior to obtaining any supporting company documents.

Mr Vaezi attended the Disciplinary Tribunal Hearing and admitted Complaint 1 in part and admitted Complaint 2 in its entirety.

Penalty and costs:

The Disciplinary Tribunal found the Complaints sustained and imposed the following penalties:

Complaint 1

• admonishment
• a fine of $500
• successfully complete the Meeting ASIC Requirements course conducted by the Governance Institute of Australia to the satisfaction of the GMPC by 30 June 2022.

Complaint 2

• admonishment
• a fine of $500
• successfully complete the Fundamentals of Business Law module of the CPA Program to the satisfaction of the GMPC by 31 December 2022.

The Member was ordered to pay CPA Australia’s costs of $2,547.33.