Singapore legislation

Clause 61

Continuation and completion of disciplinary proceedings against registered accountants and provisional members of the Society

(1)

Where on the appointed day —

(a)

any disciplinary proceedings were pending against any registered accountant or provisional member registered with the Society, the proceedings shall be carried on and completed by the Institute;

(b)

any matter in respect of a registered accountant or provisional member registered with the Society was in the course of being investigated by the Investigation Committee, the Investigation Committee shall continue to exist to complete the hearing and to refer, when it thinks fit, such matter to the Disciplinary Committee; and

(c)

any matter in respect of a registered accountant or provisional member registered with the Society was in the course of being referred to the Disciplinary Committee, the Investigation Committee shall continue to exist to refer the matter to the Disciplinary Committee.

(2)

The Disciplinary Committee shall continue to exist for the purpose of dealing with any matter referred to it under subsection (1)(b) or (c) and may, notwithstanding the repeal of the Accountants Act (Cap. 2), make such order, ruling or direction as it could have been made under the power conferred upon it by the repealed Accountants Act.

(3)

Any order, ruling or direction made or given by the Disciplinary Committee pursuant to this subsection shall be treated as an order, ruling or direction under this Act and shall have the same force or effect as if it had been made or given by the Institute pursuant to the authority vested in the Institute under this Act.

Read in full context — Accountants Bill →