Council may
socept grants, glits, etc.
Reimburse ment of expenses of Council membera.
10
(A) exchange information with similar bodies and with mem- bers of the profession in other countries and arrange with such bodies for the reciprocal recognition of accountants, (^) establish and maintain branches of the Society in Hong Kong and overseas and delegate the powers, duties and functions of the Society to such branches;
institute, conduct, defend, compound or abandon any legal proceedings by or against the Society or its officers or otherwise concerning the affairs of the Society and compound or allow time for payment or satisfaction of any debis due or of any claims or demands made by or against the Society:
(k) refer any claim or demand by or against the Society to arbitration and comply with any award made as a result of such arbitration:
(D) make and give receipts, releases and other discharges for moneys payable to and for claims and demands of the Society:
(m) appoint committees to assist or advise the Council in the exercise of its powers and delegate to such committees such of its powers as it may from time to time determine; and
(1) publish periodicals, booklets or other written material. and produce or sponsor the production of documentary films or other audio-visual material, and distribute the same by sale, loan, bire or otherwise, with or without charge, as the Council thinks fit.
(2) A committee appointed under subsection (1)(m) may. subject to the by-laws of the Society, include persons who are not professional accountants.
19. (1) The Council may, on behalf of the Society, accept property, by way of grant, gift, testamentary disposition or other- wise, on such conditions as it may determine.
(2) A list shall be kept by the Registrar of all donations to the Society and the name of the donor and any special conditions attached to the donation shall be entered in the list.
(3) Property donated to the Society for a specific purpose shall be applied for that purpose.
20. No fees shall be paid to any member of the Council for his services as a member, but a member may be repaid from the funds of the Society any expenses incurred by him in relation to the affairs of the Society.
PART IV
11
REGISTRATION OF PROFESSIONAL ACCOUNTANTS
21. (1) The Council shall appoint, on such terms and condi- Appointment tions as it thinks fit, a Registrar.
(2) The Registrar shall be the secretary to the Society and to the Council and shall, on the instruction of the President, convene any meeting of the Society or of the Council,
(3) The Council shall register the appointment of the Registrar with the Registrar General.
22. (1) The Registrar shall maintain a register of professional accountants, in such form as may be specified by the Council, and shall be responsible for the custody thereof.
(2) Upon the making of an order for the registration of an applicant under section 26(1), the Registrar shall enter in the register the following particulars of the person to be registered-
(a) his name:
(b) his residential address and any business address or, if he holds a practising certificate, his residential address and his registered office:
(c) the qualification by virtue of which he is registered; and (d) such other particulars as the Council may direct,
(3) The register shall at all reasonable times be open to inspection at the office of the Society by any person without charge.
23. When a person has been registered under section 22, the Registrar shall issue to him a certificate of registration in such form as the Council may determine.
24. (1) A person shall be qualified to be registered under this Ordinance as a professional accountant if he proves to the satisfaction of the Council that
(d) he has attained the age of twenty-one years;
(b) he is of good character; and
(c)
(1) he is a member of an approved institute; or (i) he has passed such examinations in accountancy and other subjects and has complied with such require. ments relating to practical experience as may be prescribed.
of Registraz and notification to Registrar General,
Register of professional
·Accountants.
Certificate of registration.
Qualifications for registration as professional
accountant.
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