1985 Ed.]
Professional Accountants
[CAP. 50
15
there shall be lodged with the application such registration fee as may be fixed by the Council.
(Added, 22 of 1977, s. 7)
28C. The provisions of sections 22, 23, 26, 27(1)(c) and (d), (2), (3), (4), (5) and (6), 28, 39 and 41(1)(a) and (b)(i) shall apply mutatis mutandis in relation to the registration of a firm of certified public accountants or public accountants as they apply in relation to the registration of a professional accountant.
(Added, 22 of 1977, s. 7)
29. (1) No person shall practise as a certified public accountant or public accountant unless he is registered as a professional accountant and holds a practising certificate.
(2) No person other than a professional accountant holding a practising certificate shall hold any appointment or render any services, whether unpaid or otherwise—
(a) as an auditor of a company within the meaning of the Companies Ordinance; or
(b) as an auditor of accounts for the purpose of any other Ordinance.
(3) Nothing in this Ordinance shall prevent—
(a) a person from—
(i) practising publicly and describing himself as an accountant, secretary, book-keeper, tax-agent, tax-consultant or cost-consultant; or
(ii) describing himself by any other designation, initials or characters not conveying the impression that he is entitled to practise as a certified public accountant or public accountant; or
(iii) acting as an auditor of a registered trade union with the approval of the Registrar of Trade Unions; or
(b) a member of a club, institution or association, which is not carried on with a view to profit, from acting as auditor of the club, institution or association; or
(c) the Council, upon application, from exempting any person from the provisions of subsection (2)(b).
29A. (1) Subject to subsection (2) and section 29B, a practising certificate shall not be issued to a professional accountant unless the Council is satisfied that he—
(a) has, after becoming a member of an approved institute or of any other accountancy body accepted by the Council under section 24(1)(c)(ii), or after registration as a professional accountant, had not less than a total of 30 months full-time approved accounting experience in the office of
Provisions of sections 22, 23, 26, 27, 28, 39 & 41 to apply to firms.
Requirements to practise as certified public accountant or public accountant.
(Cap. 32.)
Requirements for issue of a practising certificate.