Cap. 100.3

Incorporation of Society.

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"Council" means the Council of the Society established under

section 10:

"Disciplinary Committee" means the Disciplinary Committee

appointed under section 33;

"elected member" means a member of the Council elected under

section 10(2)(c)

"practising certificate" means a current practising certificate issued

under section 30;

"President" means the President of the Society elected under

scelion 4 or 51(3) and any person acting as President; "professional accountant" means a person who is registered as a

professional accountant under section 22;

"public accountan" means a professional accountant registered as such by virtue of section 24(2) and holding a practising certificate:

"register" means the register of professional accountants kept

under section 22;

"registered address" means any address of a professional account-

ant which is entered in the register under section 22(2), "registered office" means the registered office referred to in

section 31;

"Registrar" means the Registrar appointed under section 21; "Registrar General" means the Registrar General appointed under

the Registrar General (Establishment) Ordinance; "Society" means the Hong Kong Society of Accountants incor-

porated by section 3;

"Vice-President" means the Vice-President of the Society elected under section 4 or 51() and any person acting as Vice- President.

3.

PART II

THE Hong Kong SocietY OF ACCOUNTANTS

The persons registered as professional accountants under section 22 shall-

(a) be a body corporate with perpetual succession; (b) be known as the Hong Kong Society of Accountants; and (c) in that name be capable of suing and being sued and, subject to this Ordinance, of doing and suffering all such other acts as a body corporate may lawfully do and suffer,

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4. (1) There shall be a President and a Vice-President of the Society, who shall be elected by the Council from the elected members.

(2) The President and the Vice-President shall, unless they are deemed by virtue of section 15 to have vacated their offices as members of the Council, hold office until they retire from office as members of the Council under section 12.

(3) If a casual vacancy occurs in the office of President, the Vice-President shall act as President.

(4) If a casual vacancy occurs in the office of Vice-President, the Council may elect an elected member to fill the vacancy.

(5) For the purposes of this section and section 11, a casual vacancy shall be deemed to occur when a person is temporarily absent from Hong Kong or is temporarily unable to attend to the business of the Council.

(6) Notwithstanding subsection (1), if only one elected member is proposed for election to fill a vacancy in the office of President or Vice-President, such elected member shall, without taking a vote upon the proposal, be deemed to have been elected at the conclusion of the meeting of the Council at which the vacancy is to be filled.

5. The Society shall maintain an office the address of which shall be notified to the Registrar General.

6. (1) The Society shall have and may use a common seal, the affixing of which shall be authenticated by the signature of the Registrar.

(2) Any instrument purporting to be executed under the seal of the Society shall be received in evidence and shall, unless the contrary is proved, be deemed to be an instrument so executed.

7. The objects of the Society shall be....... (a) to maintain a register of professional accountants; (b) to regulate the practice of the accountancy profession: (c) to conduct examinations and act in such other manner as may be necessary to ascertain whether persons are qualified to be admitted to the register;

(d) to encourage the study of accountancy by accountants and students, and to give certificates, bursaries, scholar- ships and rewards on such terms and conditions as may be specified from time to time;

(e) to maintain a library and reading rooms for the use of

accountants and students;

Appointment of President and Vice- President.

Office of Society.

Official seal and authen- fication thereof, and instruments executed thereunder.

Objects of the Society.

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