Order: In the Matter of Bennett Environmental Inc. et al. - Bulckaert, Allen
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- and -
IN THE MATTER OF
BENNETT ENVIRONMENTAL INC., JOHN BENNETT,
RICHARD STERN, ROBERT GRIFFITHS, and
ALLAN BULCKAERT
O R D E R
(Section 127 and 127.1)
(Section 127 and 127.1)
WHEREAS on June 2, 2006 , the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127(1) and 127.1 of the Securities Act (the “Act”) in respect of Bennett Environmental Inc., John Bennett, Richard Stern, Robert Griffiths, and Allan Bulckaert;
AND WHEREAS Allan Bulckaert entered into a settlement agreement with Staff of the Commission (“Staff”) dated June 15, 2006 (the “Settlement Agreement”) in which he agreed to a proposed settlement of the proceeding commenced by the Notice of Hearing, subject to the approval of the Commission;
AND WHEREAS Staff recommend approval of the Settlement Agreement;
AND UPON reviewing the Settlement Agreement and the Notice of Hearing and upon hearing submissions of Staff and counsel for Allan Bulckaert;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;
IT IS HEREBY ORDERED THAT:
the Settlement Agreement is hereby approved; and
pursuant to clause 9 of subsection 127(1) of the Act, Bulckaert shall make a settlement payment of CDN$64,165.00 to the Commission for allocation to or for the benefit of third parties under section 3.4(2) of the Act.
DATED at Toronto this 20 th day of June, 2006.
| ”Paul M. Moore” Paul M. Moore |
”David L. Knight” David L. Knight |