Thomson, Louise

Practitioner details

Name: 
Thomson, Louise
Company: 
Veritas Advisory
Registration number: 
1405
Date first registered: 
27 October 2009
Practitioner type: 
Registered trustee
Conditions imposed on all Registered Trustees: 
Disciplinary action: 
Yes
Disciplinary action particulars: 

Current committee

On 28 November 2019, the Inspector-General in Bankruptcy referred Ms Louise Thomson to a committee convened under Part 2 of Schedule 2 to the Bankruptcy Act (the Act). ). This is the second referral made by the Inspector-General in Bankruptcy regarding Ms Thomson’s registration – the first referral was made on 7 February 2018.

The Inspector-General in Bankruptcy had formed the belief that Ms Thomson had failed to carry out adequately and properly the duties of a trustee (s40-40(1)(l) of Schedule 2 to the Act) and had failed to comply with standards prescribed for the purposes of s40-40(1)(p) of Schedule 2 to the Act. On 7 February 2018, the Inspector-General in Bankruptcy referred Ms Thomson to a committee convened under Part 2 of Schedule 2 to the Bankruptcy Act (the Act).

Previous committee

In late 2017, the Inspector-General in Bankruptcy had formed the belief that Ms Thomson had failed to carry out adequately and properly the duties of a trustee (s40-40(1)(l) of Schedule 2 to the Act) and had failed to comply with standards prescribed for the purposes of s40-40(1)(p) of Schedule 2 to the Act. On 7 February 2018, the Inspector-General in Bankruptcy referred Ms Thomson to a committee convened under Part 2 of Schedule 2 to the Bankruptcy Act (the Act).

The Inspector-General in Bankruptcy had formed the belief that Ms Thomson had failed to carry out adequately and properly the duties of a trustee (s40-40(1)(l) of Schedule 2 to the Act) and had failed to comply with a standard prescribed for the purposes of s40-40(1)(p) of Schedule 2 to the Act.

The Inspector-General in Bankruptcy sought a written explanation from Ms Thomson about why she should continue to be registered as a trustee. The Inspector-General in Bankruptcy was not satisfied with her explanation and referred the matter to a committee for consideration and decision.

The committee interviewed Ms Thomson on 1 and 6 March 2018 and provided its decision to the Inspector-General in Bankruptcy on 5 April 2018. The committee decided that Ms Thomson should remain registered without condition or restriction.

The committee also recommended that the Inspector-General in Bankruptcy publish the committee’s reasons for its decision and its report. Consistent with section 40-65 of Schedule 2 of the Bankruptcy Act 1966, the Inspector-General in Bankruptcy has given effect to the committee’s decision.

The committee’s report may be accessed below.

Contact details

Phone: 
02 8999 9330
Principal place of Practice: 
Suite 2, Level 5, 123 Pitt Street, Sydney NSW 2000
Postal address: 
GPO Box 4215, Sydney NSW 2001
State: 
NSW