NOTICE OF DISQUALIFICATION

Superannuation Industry (Supervision) Act 1993

To:

Mrs Karen Papas

68 Wetherby Road

Doncaster  VIC 3108

I, Alison Lendon, a delegate of the Commissioner of Taxation, give you notice as required by subsection 126A(6) of the Superannuation Industry (Supervision) Act 1993 (SISA), that I have disqualified you under subsection 126A(3) of the SISA.

I have disqualified you as I am satisfied that you are not a fit and proper person to be a trustee, investment manager or custodian, or a responsible officer of a body corporate that is a trustee, investment manager or custodian, of a superannuation entity for the purposes of the SISA.

The disqualification takes effect on the day on which it is made.

Dated: 28 August 2015

Alison Lendon

Deputy Commissioner of Taxation

Per Paul Cipolla

Note 1:

In accordance with subsection 126A(7) of the SISA, particulars of this disqualification notice will be published in the Gazette.

Note 2:

In accordance with subsection 126A(5) of the SISA, we may revoke this disqualification on our own initiative or on written application made by you.

Note 3:

In accordance with section 344 of the SISA, if you are a person who is affected by this decision and you are dissatisfied with it, you may ask the Commissioner to reconsider this decision. Such a request must be made in writing within 21 days after the day on which you received notice of the decision and must also give the reasons for making the request.