1. Terms used in this form:
Accredited Body means the accredited body under the Insolvency Practitioners Regulation Act 2019 which is responsible for carrying out the frontline regulation of licensed insolvency practitioners, including licensing, regulating ongoing competence, investigating complaints and taking disciplinary action where appropriate. At the date of this form, the Accredited Body is the NZ Institute of Chartered Accountants (NZICA)
By-law means a by-law in force under the Rules from time to time.
CA ANZ means Chartered Accountants Australia and New Zealand
General Member means a member admitted to membership on the basis of having a relevant restructuring, turnaround, or insolvency related connection, as listed in section C of this form.
Membership Year means a period from 1 January in a year to 31 December in that year.
RITANZ means the Restructuring Insolvency & Turnaround Association of New Zealand Incorporated.
Rules means the rules of RITANZ in force from time to time.
Student Member means a member admitted to membership on the basis of being enrolled to study full time at a tertiary educational institution in a course that is relevant to restructuring, or insolvency.
2. Application Process
Your application will be considered individually on its merits. Consideration of your application may take up to six weeks. Please attach all supporting documentation to this application. An incomplete application will not be considered until all the required information and documentation has been received.
Applications are submitted through the jotforms portal, if you have difficult accessing or completing the form, please contact admin@ritanz.org.nz
If your membership application is accepted, you will be invoiced for the membership fee. You will not become a member until your membership fee is paid in full. The membership fee is non-refundable and is for one Membership Year (or part of the current Membership Year). The current fees can be found on RITANZ's website at www.ritanz.org.nz.
3. Membership Qualifications
To qualify as a Student Member, you must:
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be enrolled to study full time at a tertiary educational institution in a course that is relevant to restructuring, or insolvency;
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agree to abide by the Rules and By-laws (indicated by signing this form);
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be of good character; a fit and proper person and not be banned from providing corporate insolvency services (see section D of this form).
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Be over 18 years of age
To qualify as a General Member, you must agree to abide by the Rules and By-laws (indicated by signing this form) and you must:
- have a connection with the insolvency restructuring, or insolvency, illustrated by one the categories listed in section C of this form;
- be of good character; a fit and proper person and not be banned from providing corporate insolvency services (see section D of this form).
In addition to the above, to qualify as a Licensed Insolvency Practitioner, who undertakes Insolvency Engagements, you would have to apply for Licensed Insolvency Practitioner Status through NZICA. RITANZ is a Recognised Body only and does not issue licenses.
To apply for a Licensed Insolvency Practitioner membership through NZICA, please go to:
Licensed Insolvency Practitioners
4. Contact and Personal details
Please select the details to be used for notices from RITANZ.
5. Good character / fit and proper person
All applicants must demonstrate their good character, that they are a fit and proper person and that they have not been banned from providing corporate insolvency or restructuring services under any legislation, whether in New Zealand or overseas.
A positive answer to any of the questions in this section will not automatically result in declining your application. Each case will be considered individually on its merits.
RITANZ will also take into consideration any other matters it considers to be appropriate in the circumstances for example publicly available information about an applicant.
If you answered yes to any of the questions in this section, please provide more information about the nature of your situation and all related official documentation in respect of your answers and to support your application.
RITANZ will keep details given in this section confidential, apart from sharing such details with Chartered Accountants ANZ or other service providers for the purpose of Chartered Accountants ANZ providing administrative services to RITANZ, or for the NZ Institute of Chartered Accountants in carrying out its function as the Accredited Body for Licensed Insolvency Practitioners, or as necessary in carrying out RITANZ's disciplinary powers.
If you have been convicted of any offence involving dishonesty in New Zealand or any other jurisdiction, please provide a copy of your criminal record (dated within the last 6 months).
In New Zealand this information can be obtained from the Ministry of Justice. Please note your rights under the Criminal Records (Clean Slate) Act 2004 before providing a copy of your criminal record. The relevant application form and information form can be downloaded at www.justice.govt.nz.
If you have ever been adjudged bankrupt please provide a copy of the bankruptcy notice from the Official Assignee and a Discharge of Bankruptcy notice (if applicable).
If you have made an assignment for the benefit of your creditors please provide appropriate documentation.
6. Privacy Statement
RITANZ collects personal information from you when you apply for membership, renew your membership, request certain services or products, or otherwise contact or do business with RITANZ. Other personal information may be collected from course enrolment forms, telephone calls, e-mails, letters sent by members and other contacts of RITANZ.
The information provided on or with this form, or in relation to this application, or future information obtained about you, will be used by RITANZ to:
- Process and assess this application and any membership renewal application;
- Assess your credit-worthiness;
- Maintain RITANZ's membership databases;
- Publish name, address, website address and professional firm name on the RITANZ website and otherwise confirm membership and provide business contact details of members;
- Publish the name of persons ceasing to be or suspended from being an Licensed Insolvency Practitioner under RITANZ's Rules;
- Enable RITANZ and its service providers to carry out functions under its Rules, including disciplinary functions, and sending your subscription renewal, voting papers or other information required under the Rules;
- Communicate with you on any issues relevant to your membership or transactions with RITANZ;
- Provide information to Chartered Accountants ANZ/NZICA (or other Accredited Body) as may be required in performing its function as the Accredited Body;
- Provide information about you to INSOL International relevant to affiliation rights granted by INSOL International;
- Provide information to any other persons or company, for the collection of any money due;
- Keep you informed about products and services that may be of interest to you, which may involve disclosure to selected agencies authorised by RITANZ.
If you do not provide the information required in this application or in future information requests, you may not be able to become a member or you may not be able to receive the information or service you requested by the method you have requested, or you may limit RITANZ's ability to interact with you fully in accordance with its Rules.
You have a right under the Privacy Act 1993 to access and request the correction of any personal information which RITANZ holds about you.
You can contact RITANZ about your personal information at the following address:
RITANZ
PO Box 287
Shortland Street
Auckland
1140
Email: admin@ritanz.org.nz
Your personal information is held by RITANZ and by CA ANZ.
7. Further information
Membership enquiries and applications are handled by RITANZ. If you have any queries, please contact that service on:
Email: admin@ritanz.org.nz
Website: www.ritanz.org.nz