Singapore legislation

Section 62

Council may make rules

(1)

Subject to subsection (2), the Council may make such rules as may be necessary or expedient for giving effect to this Part and, in particular, may make rules for any of the following matters:

(a)

the admission of members to the Institute and the manner in which they shall cease to be members thereof;

(b)

the election, resignation and removal of members of the Council;

(c)

the election, appointment, resignation and removal of the President, the Vice-President and the Treasurer of the Institute;

(d)

the qualifications of persons for admission as members of the Institute;

(e)

the classification from time to time of the members of the Institute;

(f)

the manner of voting at any meeting of the Council or of the members of the Institute and at any meeting held by the Institute;

(g)

the regulation of the professional conduct and ethics of members of the Institute;

(h)

the fees payable by members of the Institute;

(i)

the holding of meetings of the Council and of the members of the Institute;

(j)

the training, education or examination of candidates in subjects relating to accountancy and the fees payable therefor;

(k)

the use and custody of the common seal of the Institute;

(l)

the custody, investment and expenditure of the funds and property of the Institute;

(m)

the regulation and administration of the Institute in all matters within its powers; and

(n)

the discipline of members of the Institute.

(2)

The Council shall not make rules for the matters prescribed in subsection (1)(a), (b), (c), (d), (e), (f) and (g) without the approval of the Minister.

(3)

All such rules shall be published in the Gazette. [47

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