Singapore legislation
Section 70
Section 70
Restrictions on employing disqualified persons
(1)
No public accountant shall in connection with his practice as such, and no accounting corporation shall in connection with its business of providing public accountancy services, without the consent of the Board, employ or remunerate any person who to his knowledge —
is an undischarged bankrupt;
has had his name removed from the Register of Public Accountants under section 37(1)(c);
has been suspended from practising as a public accountant under section 34(1)(a);
has had his name removed from the register maintained by the Institute otherwise than at his own request or under section 55(3); or
has been convicted of an offence by a court of law and sentenced to imprisonment for a term of not less than 12 months or to a fine of not less than $5,000.
(2)
On application made by any person, the Board may make an order directing that, as from the date to be specified in the order, no public accountant shall in connection with his practice as such, or no accounting corporation shall in connection with its provision of public accountancy services, as the case may be, employ or remunerate any person, the subject of the application, who —
has been a party to any act or default of a public accountant in respect of which a complaint has been or might properly have been made against that public accountant under the provisions of this Act; or
has so conducted himself while employed by a public accountant that, had he himself been a public accountant, his conduct might have formed the subject of a complaint under the provisions of this Act against him.
(3)
Every application under subsection (2) shall be served upon the person in respect of whom it is made and upon his employer or previous employer if his employer or previous employer is a public accountant or an accounting corporation, not less than 10 days before the application is to be heard.
(4)
Every order made under subsection (2) shall be filed in a file kept for this purpose by the Registrar and such file may be inspected by any public accountant or accounting corporation without fee.
(5)
Disciplinary proceedings may be taken against any public accountant or accounting corporation who contravenes subsection (1) or fails to comply with an order made under subsection (2).[55