Settlements

Hews Development Corporation, et. al. [Sec. 145 & 145.1]

BCSECCOM #:
Document Type:
Sec. 145 & 145.1
Published Date:
1989-10-20
Effective Date:
1989-10-10
Details:


IN THE MATTER OF the Securities Act, 1979, R.S.B.C., c. 380
AND IN THE MATTER OF the Securities Act, S.B.C. 1985, c. 83,
as amended
AND IN THE MATTER OF Hews Development Corporation, William
Neil Smith, Carol Ann Smith, Aaron David Davidson, and William
Alfred Price
Section 145 and Section 145.1 Orders Against Carol Ann Smith
N. de Gelder
October 10, 1989

   ORDERS:-- WHEREAS an Agreed Statement of Facts was executed by CAROL ANN SMITH ("Smith") and the Superimtendent of Brokers (the "Superintendent") a copy of which is attaches hereto as Schedule "A";

   NOW THEREFORE the Superintendent, considering that it would be in the public interest to do so, orders:

1.
that pursuant to s. 145 of the Securities Act, S.B.C. 1985, c. 83, as amended (the "Act") the trading exemptions contained in Sections 30 to 32, 55, 58, 81 and 82 of the Act do not apply to Smith for a period of five years commencing on June 1, 1989 and ending on May 31, 1994;
2.
the pursuant to Section 145.1 of the Act, Smith is prohibited from becoming or acting as a director or officer of any reporting issuer for a period of five years commencing on June 1, 1989 and ending on May 31, 1994.
N. DE GELDER
Superintendent of Brokers