Termination of Membership – Mr Andrew Wily

In accordance with clause 7.1(b)(ii) of the ARITA Constitution, Mr Wily's ARITA membership was automatically terminated effective from 24 March 2015.

Mr Wily recently relinquished his status with the Australian Financial Security Authority as a Registered Trustee. Through its statutory role in supporting AFSA under section 155H of the Bankruptcy Act, ARITA became aware of actions being undertaken by AFSA that invoked consideration of Mr Wily's ongoing membership under clause 7.1(b)(ii) of the ARITA Constitution.