Singapore legislation

Clause 21

of Accountants (Amendment) Bill

Clause 21

Repeal and re-enactment of section 49

Section 49 of the Accountants Act is repealed and the following section substituted therefor:“Remuneration for services rendered

49. Subject to this Act, no person shall be entitled to recover any expenses or remuneration for or in respect of any public accountancy services rendered or provided unless the person rendering or providing such services is —

(a)

a public accountant; or

(b)

an accounting corporation.”.