Accountants Act 2004 · 2020 Revised Edition · Part 6 · Disciplinary Proceedings
48. Decision of Oversight Committee
Feedback & supportLast amended by an amending law of 2006.
Upon receipt of the findings and recommendation of a Complaints Committee under section 47(b) or (c), the Oversight Committee may either —
Complaints Committee
“Complaints Committee” means a Complaints Committee constituted under Part 6;
accept the recommendation and make the recommended order;
refer the matter back to the Complaints Committee for further inquiry; or
make such other order as the Oversight Committee thinks fit.
The Oversight Committee must notify the public accountant, accounting corporation, accounting firm or accounting LLP concerned and the person who made the complaint of the Oversight Committee’s decision.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 4;
Any public accountant, accounting corporation, accounting firm or accounting LLP who or which is aggrieved by any order of the Oversight Committee, being an order referred to in subsection (1)(c) or section 47(b), may, within 30 days of being notified of the determination of the Oversight Committee, appeal to the Minister whose decision is final.
public accountant
“public accountant” means an individual who is registered or deemed to be registered in accordance with this Act as a public accountant;
The Minister may make —
an order affirming the decision of the Oversight Committee;
an order directing the Oversight Committee to constitute a Disciplinary Committee for a formal inquiry into the matter; or
such other order as he or she thinks fit.
Where —
the Oversight Committee accepts the recommendation of the Complaints Committee under section 47(c); or
the Minister makes an order under subsection (4)(b),the Oversight Committee must appoint a Disciplinary Committee to conduct the formal inquiry.