Section 26
Requirements relating to memorandum and articles of association, and annual reports, of accounting corporations
(1)
The memorandum and articles of association of an accounting corporation must at all times comply with all the requirements specified in section 17(3)(a) and (c) and the rules relating thereto.
(2)
An accounting corporation must, within 30 days after 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,provide the Registrar with a true report in writing giving full particulars of the amendment or change.
(3)
In addition to the requirements in subsection (2), every accounting corporation must in every year, not later than a date specified by the Oversight Committee, send to the Registrar an annual report relating to the accounting corporation in such form as the Oversight Committee may require.