10
CAP. 50]
Professional Accountants
[1985 Ed.
General powers of Council.
Particular powers of Council.
(a) sent to each professional accountant with the notice of the
annual general meeting; and
(b) submitted for approval to the annual general meeting of the Society next following the end of the financial year to which they relate.
(5) The auditor shall be entitled to attend the annual general meeting of the Society at which the statement of accounts which have been reported on by him are to be submitted for approval and to make any statement or explanation he desires with respect to the
accounts.
(6) The Council shall determine the period, which may be more or less than 12 months, in respect of which the accounts of the Society shall be made up.
(7) In this section "financial year" means the period determined by the Council under subsection (6) as the period in respect of which the accounts of the Society shall be made up.
17. (1) The management and control of the Society and of its property shall be vested in the Council and all such powers, acts or things as may be exercised or done by the Society which are not required by this Ordinance, or by a resolution passed by the Society in general meeting, to be exercised or done by the Society may be exercised or done by the Council.
(2) No such resolution of the Society shall invalidate the exercise of any power or the doing of any act or thing by the Council before the date of the resolution.
(3) Subject to this Ordinance, the Council may regulate its own procedure and that of any committee appointed under section 18(1)(m) relating to-
(a) the holding of meetings;
(b) the notice to be given of such meetings;
(c) the proceedings at such meetings;
(d) the keeping of minutes at such meetings; and
(e) the custody, production and inspection of such minutes.
18. (1) Without derogating from the generality of the powers conferred by section 17(1), the Council may-
(a) do anything necessary for the better carrying out of the
objects of the Society;
(4)
(aa) fix registration and other fees; (Added, 22 of 1977, s.
(b) appoint such employees and agents as it deems necessary;
(c) appoint the bankers of the Society;