1985 Ed.]
Professional Accountants
[CAP. 50
9
(2) A professional accountant appointed by the Governor under subsection (1)(c) shall hold office until the next annual general meeting.
14. If a vacancy is not filled by the Council within 30 days by appointment under section 11(1), the Governor may appoint a professional accountant of the class referred to in sub-paragraph (i) or (ii) of section 10(2)(c) to fill the vacancy, as the vacancy may require.
15. An elected member shall be deemed to have vacated his office as a member of the Council if-
(a) he resigns his office, by notice in writing delivered to the Registrar;
(b) he is absent without permission of the President from 3 consecutive meetings of the Council of which he has had notice to attend, and the Council resolves that his office shall be vacant;
(c) he becomes bankrupt or makes an arrangement or composition with his creditors;
(d) he ceases to be ordinarily resident in Hong Kong;
(e) his name is removed from the register under section 27(1)(b), (c) or (d) or section 35(1)(a); or
(f) he ceases to belong to the class of which he was a member under sub-paragraph (i) or (ii) of section 10(2)(c):
Provided that this paragraph shall not apply if the remaining number of elected members of that class is not less than 5.
(Amended, 14 of 1985, s. 5)
16. (1) The Council shall maintain proper accounts of all transactions of the Society and shall prepare for every financial year a statement of the accounts of the Society, containing an income and expenditure account and a balance sheet, both of which shall be signed by the President.
(2) The Society in general meeting shall appoint an auditor who shall be entitled at any time to have access to all books of account, vouchers and other financial records of the Society and to require such information and explanations thereon as he thinks fit.
(3) The auditor shall audit the statements drawn up under subsection (1) as soon as possible and shall make a report thereon to the Council.
(4) A copy of the signed and audited statement of accounts, together with the auditor's report made under subsection (3), shall be-
Governor may appoint a professional accountant to Council if Council fails to fill a vacancy.
Vacation of office by Council members.
Accounts.
Page 10
Page 11
1985 Ed.]
Professional Accountants
[CAP. 50
9
(2) A professional accountant appointed by the Governor under subsection (1)(c) shall hold office until the next annual general meeting.
14. If a vacancy is not filled by the Council within 30 days by appointment under section 11(1), the Governor may appoint a professional accountant of the class referred to in sub-paragraph (i) or (ii) of section 10(2)(c) to fill the vacancy, as the vacancy may require.
15. An elected member shall be deemed to have vacated his office as a member of the Council if-
(a) he resigns his office, by notice in writing delivered to the
Registrar;
(b) he is absent without permission of the President from 3 consecutive meetings of the Council of which he has had notice to attend, and the Council resolves that his office shall be vacant;
(c) he becomes bankrupt or makes an arrangement or com-
position with his creditors;
(d) he ceases to be ordinarily resident in Hong Kong;
(e) his name is removed from the register under section
27(1)(b), (c) or (d) or section 35(1)(a); or
(f) he ceases to belong to the class of which he was a member
under sub-paragraph (i) or (ii) of section 10(2)(c):
Provided that this paragraph shall not apply if the remaining number of elected members of that class is not less than 5.
(Amended, 14 of 1985, s. 5)
16. (1) The Council shall maintain proper accounts of all transactions of the Society and shall prepare for every financial year a statement of the accounts of the Society, containing an income and expenditure account and a balance sheet, both of which shall be signed by the President.
(2) The Society in general meeting shall appoint an auditor who shall be entitled at any time to have access to all books of account, vouchers and other financial records of the Society and to require such information and explanations thereon as he thinks fit.
(3) The auditor shall audit the statements drawn up under subsection (1) as soon as possible and shall make a report thereon to the Council.
(4) A copy of the signed and audited statement of accounts, together with the auditor's report made under subsection (3),
shall be-
Governor may appoint a professional accountant to Council if Council fails to fill a vacancy.
Vacation of
office by Council members.
Accounts.
Page 10Page 11
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