Singapore legislation
Section 5
Section 5
Constitution of Authority
(1)
The Authority consists of the following members, all of whom must be appointed by the Minister:
a Chairperson;
not less than 10 but not more than 15 other members.
(2)
The members appointed under subsection (1)(b) are to include —
one public accountant to be selected by the Minister from a list of at least 2 public accountants nominated by each designated professional accountancy body; and
one non-practising accountant to be selected by the Minister from a list of at least 2 non‑practising accountants nominated by each designated professional accountancy body.
(3)
The Minister may appoint —
a member of the Authority to be its Deputy Chairperson; and
the Chief Executive to be a member.
(4)
The First Schedule has effect with respect to the Authority, its members and proceedings.
(5)
In subsection (2), “designated professional accountancy body” means a body specified in the Fourth Schedule.