26. Requirements as to alteration of memorandum or articles of association
Feedback & supportLast amended by an amending law of 2000.
The memorandum and articles of association of an accounting corporation shall at all times comply with all the requirements specified in section 19(3)(a) and (c) or section 19(3)(a) and (4), whichever is applicable, and any rules made under section 74 relating thereto.
accounting corporation
“accounting corporation” means a company approved as an accounting corporation under section 19;
An accounting corporation shall, within 30 days of the occurrence of —
any amendment to its memorandum or articles of association;
any change in the composition of its board of directors who are public accountants;
any change in the proportion of its voting shares owned by corporate practitioners; or
any change in the number of its corporate practitioners,furnish the Board with a true report in writing giving full particulars of the amendment or change.
In addition to the requirements in subsection (2), every accounting corporation shall in every year, not later than a date specified by the Board, send to the Registrar an annual report relating to the accounting corporation in the prescribed form.[18H