Amenderitat på Recon 19.
Amendmear of pection 24.
Amendment of wection 28.
Madden al Arw kectiona IBA. ZUS
od 2BC.
2
(0) in paragraph (d) by deleting "and the fees payable therefor"; (iii) in paragraph (7) by deleting "For students" and substituting the following-
"of the Society";
(iv) by deleting paragraph (m):
(6) in subsection (3) by deleting "registered" in the first place where
it occurs.
4.
Section 18(1) of the principal Ordinanca is amended by inserting after paragraph (4) the following new paragraph-
"aa) fix registration and other fees;".
1
4. Section 24(1) of the principal Ordinance la ammended-
(a) in paragraph (b) by inserting after "character" the following
and is a fit and proper person to be a professional account- 2017; and
(5) by deleting paragraph (c) and substituting the following-
**(*)
(1) he is a member of an approved institute; (ii) he is a member of an accountancy body accepted by the Council by resolution approved by two-thirds of its members as being of a standard similar to an approved institute; or
(ü) be has passed such examinations in accountancy and other subjects, is conversant with local law and practice and has complied with such requirements relating to practical experience as may be prescribed.".
6. Section 28(2(a) of the principal Ordinance is amended by insert- ing after "Registrar" the following-
"not later than the 15th day of December in the year preceding the year of renewal".
7. The principal Ordinance is amended by adding after section 28 the following Dow sections-
"REGUL-
tion of
Arms.
Application
for registration
pf. Bem.
Provisions
of Sections 22, 21, 26, 27, 28. 39 & 4 to Apply to find.
284. A firm of certified public accountants or public accountants shall be qualified to be registered under this Ordinance if the Council is satisfled that-
(a) all partners of the firm are registered under section
22(2); and
(6) all partners of the firm who reside in Hong Kong
hold valid practising certificates.
289. Application for registration of a firm of certified public accountants or public accountants under this Ordinance shall be made to the Council in such form as the Council may specify and there shall be lodged with the application such registration fee as may be fixed by the Council.
28C. The provisions of sections 22, 23, 26, 27(1Xc) and (D), (2), (3), (4), (5) and (6), 28, 39 and 41(1X2) and (BXO shall apply wutalis 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".
3
$. The principal Ordinance is amended by adding after section 29 Addilon of the following new Sections
"Requinerneatt tor up of
a praculirur
Dec.
Schedule.
Addiron requirements
Tor Who ní Twalibis
Denbiçme in cerinin da Schedale.
294. (1) Subject to section 298, a proctising 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(1Xcki), or after registration as a professional accountant, had not less than a total of thirty months full time approved accounting expericace in the office of
(i) a professional accountant holding a practising certificate issued under this Ordinance;
(i) a person practising public accountancy under the jurisdiction of an approved institute specifled in Part A of the Schedule; or
(Ü) a member of an accountancy body noce pled by the Council under section 241KcXilk or (6) has had a period of not less than four years full time approved accounting experience in an office referred to in sub-paragraph (i), (ii) or (ii) of paragraph (a) or any combination thereof.
(2) An applicant shall satisfy the Council that be-- (a) is ordinarily resident in Hong Kong: and
(b) possesses such local experience and knowledge of (ocal law and practice as the Council may con- sider necessary.
0) For the purposes of subsection (2)(b) the Council may require an applicant to sit such examinations as it may prescribe.
(4) If the Council considers that an applicant has acquired substantial experience in accountancy, either in Hong Kong or elsewhere over a considerable period of time the Council may dispense with the requirements of sub- section (2)
(5) For the purposes of this section-
(a) "approved accounting experience” means such professional accountancy experience as the Council may approve from time to time as sufficient practical experience; and
(b) a person shall be treated as ordinarily resident if he has been present in Hong Kong for not less than 180 days in the preceding 12 months,
298. A practising certificate shall not be issued lo an applicant who is registered as a professional accounlunt under section 24 by virtue of membership of an approved institute specified in Part 8 of the Schedule unless, in addition to complying with the requirements of section 29A, he passes such examinations of the Society in such subjects as may from time to time be determined by the Council.".
веснокля
294 and 299.