Accountants Act 2004 · 2020 Revised Edition · Part 2 · Administration of Act
4. Appointment of Public Accountants Oversight Committee
Feedback & supportLast amended by an amending law of 2022.
For the discharge of its functions under section 3, the Authority may, with the approval of the Minister and subject to subsections (2) and (2A), appoint from among its members or from among other persons a committee to be known as the Public Accountants Oversight Committee.
At least one member of the Oversight Committee must be a public accountant.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 4;
At least 3 members of the Oversight Committee must be members of the Authority.
The Oversight Committee must carry out the functions and duties and exercise the powers conferred on it by this Act in accordance with any general or special directions that the Authority may give to the Oversight Committee.
The First Schedule has effect with respect to the Oversight Committee, its members and proceedings.
[Deleted by Act 32 of 2022 wef 01/07/2023]
For the purposes of the Accounting and Corporate Regulatory Authority Act 2004, a member of the Oversight Committee is deemed to be a member of a committee of the Authority.