Singapore legislation

Section 33

of Accountants Act 2004

Section 33

Practice monitoring programme for public accountants

(1)

The Oversight Committee may require, as a condition for a public accountant to be allowed to remain in practice, that the public accountant should undergo, at such periods as the Oversight Committee may determine, a practice monitoring programme under this Part and successfully pass the practice reviews carried out under the practice monitoring programme.

(2)

The Oversight Committee may require a public accountant undergoing a practice monitoring programme to pay such fee as it may specify in connection with the administration of the programme.