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Ron Brierley.
Photo: Getty Images
Brierley had pleaded guilty last month to three charges of possessing child sex abuse material in the Downing Centre Local Court in Sydney, having been arrested at Sydney Airport in 2016.
The 83-year-old will no longer be allowed to use the title "Sir" and has been asked to return his insignia.
The "corporate raider" - as he's usually referred to - founded Brierley Investments, which was one of New Zealand's largest most successful and glamorous companies of the 1980s.
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