Singapore legislation
Section 23
Section 23
Membership
(1)
No person shall be registered by the Council as a member of the Society if he is less than 21 years of age or if in the opinion of the Council he is not of good character or reputation or is engaged in any business or occupation inconsistent with the integrity of a member of the Society.
(2)
A body corporate shall not be eligible for registration as a member of the Society.
(3)
Subject to subsection (1), every person on payment of the fee prescribed by the rules of the Society, shall be entitled to be registered as a member of the Society, if —
he has passed, in accordance with those rules, such examinations in accountancy and other matters (if any) as may be prescribed, and has complied with all the requirements relating to practical experience as may be provided for by those rules; or
he is a member in good standing of an association of accountants which is recognised in this behalf by the Society and satisfies the Council that he has had practical experience at least equal to that required under paragraph (a).
(4)
For the purposes of subsection (3)(a) a person shall be deemed to have passed the examinations referred to in that subsection or any part of those examinations, as the case may be, if he has passed any examination or part of an examination (whether in Singapore or elsewhere) which is recognised by the Society as being equivalent to or higher than the examinations or part thereof first-mentioned in this subsection.
(5)
Notwithstanding subsection (1) every person who on or before 13th December 1963 was authorised under section 134 of the Companies Ordinance [1955 Ed. Cap. 174] to act as an auditor generally shall be entitled to be registered forthwith as a public accountant. [24