Singapore legislation

Section 27

of Singapore Accountancy Commission Act 2013

Section 27

Suspension or termination of membership in designated entity

(1)

Nothing in this Part affects the right of a designated entity under its membership rules to suspend or terminate the membership of any of its members registered as a chartered accountant.

(2)

The registration of a member of a designated entity as a chartered accountant under this Act must, by virtue of this subsection —

(a)

be suspended, for the applicable period in subsection (3), immediately upon the suspension of the member’s membership in the designated entity; and

(b)

cease immediately upon the termination of the member’s membership in the designated entity.

(3)

The period of any suspension of the registration of a chartered accountant under subsection (2)(a) is the shorter of the following:

(a)

the period of the suspension of the chartered accountant’s membership in the designated entity;

(b)

the period remaining of the validity of the registration as a chartered accountant.