Gisborne East Coast Financial Assistant Fund Terms and Conditions

Terms and Conditions - CA ANZ Gisborne/East Coast (Accounting Student) Financial Assistance Fund

  1. Introduction
  2. 1.1 These terms and conditions (Terms) apply to all individuals (Applicants, you) making applications in respect of the Gisborne/East Coast (Accounting Student) Financial Assistance Fund program detailed in clause 2 (Funding Program) offered by Chartered Accountants Australia and New Zealand (ABN 50 084 642 571) (CA ANZ, us or we).

  3. The Funding Program
  4. 2.1 Subject to these Terms, CA ANZ will make available up to a total maximum of $4,500 through the Funding Program across all successful Applicants, with up to a total maximum of $3,000 (Funds) through the Funding Program for up to 3 successful Applicants (Funding Recipient) to be used towards the Funding Recipient’s accounting studies (Approved Purpose).

    2.2 The Funding Program may, in CA ANZ's sole and absolute discretion, be awarded to up to the 3 best-qualified Applicant based on the criteria set out in these Terms and the Application Form.

    2.3 The Funding Programs are deemed to be effective from the date they are awarded by CA ANZ and the Funds must be used in accordance with these Terms within 2 years from the effective date.

  5. Eligibility
  6. 3.1 You must not apply for the Funding Program unless you meet the eligibility criteria set out in these Terms.

    3.2 To be eligible for the Funding Program, Applicants must:

    3.2.1 meet the specified criteria set out in the Application Form;

    3.2.2 provide evidence that you are currently residing in the Gisborne/East Coast region;

    3.2.3 be studying or intending to study towards a qualification which fulfils the academic requirements to be a member of CA ANZ in one of the following designations:

    (a) Accounting Technician; or

    (b) Chartered Accountant.

  7. Application Procedure and Selection Criteria
  8. 4.1 Only Applicants who meet the eligibility criteria set out in these Terms and who submit a complete Application will be considered for the Founding Program.

    4.2 Each Applicant must:

    4.2.1 be intending to enrol or enrolled in and studying accountancy (either full or part time) at a CA ANZ accredited tertiary institution offering Chartered Accountant or Accounting Technician qualifications;

    4.2.2 complete and submit to the notified CA ANZ contact the prescribed application form (Application Form) in full, following all instructions and providing all required documentation including:

    (a) evidence of residing in the Gisborne/East Coast region at the time the Application is submitted;

    (b) a brief resume/curriculum vitae;

    (c) a certified, itemised copy of your academic history / transcript showing subjects passed and grades awarded, and the years in which you passed with copies of relevant certificates;

    (d) details of your work history (if any) including your current occupation (if any);

    (e) a brief (one page maximum) statement setting out your personal circumstances, including what the Funds would enable you to do;

    (f) a brief (one page maximum) statement setting out your planned professional career and your future aspirations; and

    (g) any other information reasonably requested by CA ANZ in order to assess the suitability of the Applicant for the Funding Program,


    4.2.3 sign all required declarations and acknowledgments on the Application Form and initial and date each page of the Application Form;

    4.2.4 be able to demonstrate that you intend to pursue accounting as a career;

    4.2.5 be available to attend an interview (either in person at CA ANZ offices in New Zealand or via teleconference) to discuss your Application at a mutually agreeable time.

    4.3 Two copies of the completed Application Form must be sent to CA ANZ. One copy must be emailed to and another copy, with signatures and supporting documentation, must be mailed to the attention of:

    Chartered Accountants ANZ
    Gisborne/East Coast - Financial Assistance Fund
    c/-Colette Barrett
    Chartered Accountants Australia and New Zealand
    PO Box 1371
    Hamilton 3240

    4.4 Applications open Friday 10 November 2017 and must be received by Wednesday 6 December 2017. Applications received after this date will not be eligible to be considered for the Funding Program.

  9. Assessment of Applications
  10. 5.1 CA ANZ and its appointed Funding Program selection panel (the Committee) will evaluate each Application based on:

    5.1.1 the quality of the information provided by the Applicant in the Application;

    5.1.2 endorsements provided by the Applicant’s referees, including via reference checks; and

    5.1.3 the Applicant’s extra-curricular activities, community involvement and career ambitions.

    5.2 Decisions made by CA ANZ and/or the Committee will be final and no correspondence or discussion will be entered into.

    5.3 By submitting an Application, the Applicant acknowledges that CA ANZ and the Committee will be collecting personal information about them as set out in the Privacy Collection Statement contained in the Application Form and will rely on such information for the purposes of determining the outcome of the Application.

    5.4 By signing the declaration on the Application Form the Applicant confirms that the information provided by the Applicant is true and correct in every respect.

    5.5 A false or misleading declaration made by an Applicant will render an Application invalid and CA ANZ reserves all rights to take any further action, including disciplinary action, available to it.

    5.6 The Applicant acknowledges that CA ANZ is not obligated to award the Funds for the Funding Program and that the Funds are awarded at CA ANZ’s discretion.

    5.7 The Applicant authorises CA ANZ and/or the Committee to lawfully obtain at any time from any person or entity, any information about the Applicant that CA ANZ and/or the Committee considers reasonably necessary for the purposes of assessing and processing the Application and the Applicant authorises such person or entity to release such information.

    5.8 Unsuccessful Applicants may also re-apply in subsequent years for the Funding Program.

    5.9 The Funding Program may be held concurrently with other awards or scholarships obtained by the Applicant. However, Applicants must include in their Application details of any other funding of any nature applied for or already awarded to the Applicant. If funds have already been received, Applicants should include details of how those funds were applied.

  11. Funding Recipient Terms and Conditions
  12. 6.1 Funding Recipients must sign the Acknowledgement and Declaration in the Application Form confirming that he/she agrees to the Terms under which the Funding Program has been awarded and must provide a copy to CA ANZ before any Funds will be paid.

    6.2 Once awarded, the Funds will be paid by CA ANZ into the Funding Recipient’s nominated bank account.

    6.3 The Funding Recipient must:

    6.3.1 acknowledge to CA ANZ in writing receipt of all Funds.

    6.3.2 only use the Funds for the Approved Purpose, and must not use the Funds for any other reason or exchange the Funds of cash;

    6.3.3 not use the Funds for payment of other professional membership fees or any other purpose not expressly authorised by CA ANZ in writing;

    6.3.4 provide evidence to CA ANZ that the Funds have only been used for the Approved Purpose; and

    6.3.5 provide any other information or reports reasonably requested by CA ANZ in respect of the use of the Funds or the Funding Recipient’s progress in respect of the Approved Purpose.

    6.4 The Funding Recipient agrees to be an ambassador for the Funding Program for the period the Funding Program until 12 months after completion of the Funding Program including to:

    6.4.1 co-operate with CA ANZ in respect of publicity for the Funding Program including to be photographed and videoed;

    6.4.2 attend events, including award ceremonies, media commitments or similar in connection with the Funding Program as reasonably required by CA ANZ (taking into account your availability); and

    6.4.3 provide short, accurate and not misleading testimonials about your experience of the Funding Program; and

    6.4.3 provide short, accurate and not misleading testimonials about your experience of the Funding Program; and

    (Funding Program Services).

    6.5 In consideration of being awarded the Funds, the Funding Recipient acknowledges and agrees that:

    6.5.1 any materials created as part of providing the Funding Program Services (Materials) are owned by CA ANZ and vest in CA ANZ on creation; and

    6.5.2 as the owner of such Materials, CA ANZ may use the Materials in its own discretion, in any format, without any further permission or consent from you.

    6.6 In the event that CA ANZ or the Committee becomes aware that any information provided to it by the Funding Recipient is false, erroneous or misleading, then, without limitation but subject to applicable laws, CA ANZ may:

    6.6.1 terminate the Funding Program, in the event of which, CA ANZ will not be obliged to make any further payments to the Funding Recipient; and/or

    6.6.2 require the Funding Recipient to refund all or part of the Funds paid to, or on behalf of, the Funding Recipient.

    6.7 All applicants, including the Funding Recipient, acknowledge and agree that nothing in this Funding Program, including being selected as a Funding Recipient, provides any indication or guarantee that any subsequent applications by that Funding Recipient for membership with CA ANZ (whether provisional or otherwise) will be approved.