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[Subsidiary]
L.N. 137/77.
CAP. 50]
Professional Accountants By-laws
[1977 Ed.
(3) The conditions referred to in paragraph (2) are that the professional accountant--
(a) is a Fellow of an approved institute or any other accountancy body accepted by the Council under sub-paragraph (ii) of section 24(1)(c) of the Ordinance;
(b) has been an associate member of an approved institute or any other accountancy body accepted by the Council under sub-paragraph (ii) of section 24(1)(c) of the Ordinance for not less than 7 years,
(c) has been an Associate of the Society for not less than 7 years; or
(d) has been for an aggregate period of not less than 7 years an Associate of the Society and an associate of an approved institute or any other accountancy body accepted by the Council under sub-paragraph (ii) of section 24(1)(c) of the Ordinance.
Interpretation.
Certified public accountants and public accountants.
Appointment and functions of practising committee. L.N. 137/77.
PART VI
PRACTICE OF PUBLIC ACCOUNTANCY
23. In this Part, "practising committee" means a committee appointed under by-law 26(1).
24. [Cancelled, L.N. 137/77]
25. (1) A professional accountant registered as such by virtue of section 24(1) of the Ordinance and holding a practising certificate shall describe himself as a "Certified Public Accountant" and use the initials "C.P.A.".
(2) A professional accountant registered as such by virtue of section 24(2) of the Ordinance and holding a practising certificate shall describe himself as a "Public Accountant" and use the initials "P.A.".
(3) If a firm is carrying on the business of public accountancy and some of the partners of the firm are entitled to describe themselves as "Certified Public Accountants" and others as "Public Accountants", the members of such firm shall collectively describe themselves as "Public Accountants".
26. (1) The Council may appoint a committee of not less than 5 professional accountants to advise the Council on applications by professional accountants for practising certificates.
(1A) A majority of the professional accountants appointed under paragraph (1) shall be elected members.
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