Clause 12

No person shall be registered as a public accountant by the Board if he is under the age of 21 years or if in the opinion of the Board he is not of good character or reputation or is engaged in any business or occupation inconsistent with the integrity of a public accountant.

A body corporate shall not be eligible for registration.

Subject to subsections (1) and (2), every person shall be entitled, on payment of such registration fee as may be prescribed by the Board, to be registered as a public accountant under this Part if he has passed such examinations in accountancy and other matters (if any) as may be prescribed by the Board and has complied with all the requirements relating to practical experience as may be prescribed by the Board.

The Minister may after consultation with the Board exempt, subject to such conditions as he thinks fit, any person from such requirements as may be prescribed by the Board pursuant to this section.