Singapore legislation

Clause 8

of Singapore Society of Accountants Ordinance

Clause 8

Rules of the Society

(1)

The Society, with the approval of the Minister, may generally from time to time at any general meeting make such rules as may be necessary or expedient for giving effect to the provisions of this Ordinance and for the due administration thereof and may in particular at such meetings make rules to provide for any of the following matters: —

(a)

the regulation of the practice of the profession of accountancy in Singapore;

(b)

the admission of members to the Society, the fees payable by such members on admission and the manner in which such members shall cease to be members thereof;

(c)

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

(d)

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

(e)

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

(f)

the training, education or examination of candidates for admission as members of the Society and the fees payable therefor;

(g)

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

(h)

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

(i)

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

(j)

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

(k)

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

(l)

the procedure of the Investigation Committee and the Disciplinary Committee;

(m)

the publication in the Gazette, newspapers and elsewhere of proceedings and findings of the Disciplinary Committee;

(n)

the registration as provisional members of persons who have completed the prescribed examinations but have not fulfilled the prescribed requirements relating to practical experience;

(o)

the practical experience required for registration as public accountants or registered accountants and the authority of the Council or any Committee thereof to approve places of employment in which such practical experience may be obtained; and

(p)

the regulation and administration of the Society in all matters within its powers.

(2)

All such rules shall be published in the Gazette and shall be presented to the Legislative Assembly as soon as may be after publication and if a resolution is passed pursuant to a motion notice whereof has been given for a sitting day not later than the first available sitting day of the Assembly next after the expiry of one month from the date when such rules are so presented annulling the rules or any part thereof as from a specified date, such rules or such part thereof as the case may be shall thereupon become void as from such date but without prejudice to the validity of anything previously done thereunder or to the making of new rules.