Singapore legislation
Section 40
Section 40
Society to continue to exist
(1)
The Singapore Society of Accountants shall continue to exist as a body corporate having perpetual succession and a common seal and shall be capable of —
(a)
suing and being sued;
(b)
acquiring, owning, holding and developing or disposing of property, both movable and immovable;
(c)
doing and suffering such other acts or things as bodies corporate may lawfully do and suffer; and
(d)
exercising such other powers as are conferred under or by virtue of this Part.
(2)
The Society shall be known as the Institute of Certified Public Accountants of Singapore.[25