Singapore legislation

Clause 59

Continuation and completion of disciplinary proceedings against public accountants

(1)

Where on the appointed day —

(a)

any disciplinary proceedings were pending against any public accountant, the proceedings shall be carried on and completed by the Board under this Act;

(b)

any matter in respect of a public accountant was in the course of being investigated by the Investigation Committee, the Investigation Committee shall continue to exist to complete the hearing and to refer, when it thinks fit, such matter to the Disciplinary Committee; and

(c)

any matter in respect of a public accountant was in the course of being referred to the Disciplinary Committee, the Investigation Committee shall continue to exist to refer the matter to the Disciplinary Committee.

(2)

The Disciplinary Committee shall continue to exist for the purpose of dealing with any matter referred to it under subsection (1)(b) or (c) and may, notwithstanding the repeal of the Accountants Act, make such order, ruling or direction as it could have made under the power conferred upon it by the repealed Accountants Act.

(3)

Any order, ruling or direction made or given by the Disciplinary Committee pursuant to subsection (2) shall be treated as an order, ruling or direction under this Act and shall have the same force or effect as if it had been made or given by the Board pursuant to the authority vested in the Board under this Act.

Read in full context — Accountants Bill →