Clause 11

Notwithstanding the provisions of section 9 of this Ordinance, the first four members referred to in paragraph (c) of subsection (1) of that section shall be appointed by the Minister from among persons who would be eligible for registration under this Ordinance as public accountants and shall hold office from the dates of their appointments until the first annual general meeting of the Society when their places shall be filled by public accountants elected by the members of the Society in accordance with the rules made under the provisions of this Ordinance:Provided that any such retiring member of the first Council shall be eligible for re-election if he is registered as a public accountant in accordance with the provisions of this Ordinance.

Notwithstanding the provisions of section 9 of this Ordinance, the first four members referred to in paragraph (d) of subsection (1) of that section shall be appointed by the Minister from among persons who at the appointed day are employed in Singapore as accountants in the public service or in the service of an individual, a firm, a company or any other corporation and shall hold office from the dates of their appointments until the first annual general meeting of the Society when their places shall be filled by registered accountants elected by the members of the Society in accordance with the rules made under the provisions of this Ordinance:Provided that any such retiring member of the first Council shall be eligible for re-election if he is registered as a registered accountant in accordance with the provisions of this Ordinance.

At each subsequent annual general meeting all elected members of the Council shall retire and their places shall be filled by other public accountants and registered accountants respectively elected in accordance with the rules made under the provisions of this Ordinance:Provided always that retiring members of the Council shall be eligible for re-election if they are not otherwise disqualified from holding office in the Council.