Clause 9

by deleting sub-paragraphs (i) and (ii) of subsection (1)(a) and substituting the following sub-paragraphs:“(i)the public accountant is convicted of any offence involving fraud or dishonesty or moral turpitude;

the public accountant has been guilty of such improper or dishonourable conduct in the discharge of his professional duty which, in the opinion of the Board, renders him unfit to be a public accountant or would bring the profession of public accountancy into disrepute;”;

by deleting the word “or” at the end of sub-paragraph (iv) of subsection (1)(a); (c)by inserting, immediately after sub-paragraph (v) of subsection (1)(a), the following sub-paragraphs:“(vi)any of the qualifications by virtue of which the public accountant was registered under this Act has been withdrawn or cancelled by the authority through which such qualification was acquired or by which such qualification was awarded;

for disciplinary reasons, the public accountant has been censured by any authority referred to in sub-paragraph (vi) or by any professional accountancy body of which he is a member or with which he is registered, or has had his membership or registration with such body terminated or suspended; or

the public accountant carries on by himself or any person in his employment any trade, business or calling that detracts from the profession of public accountancy or is in any way incompatible with it, or is employed in any such trade, business or calling;”; and

by deleting subsection (3) and substituting the following subsections:“(3) Any costs and expenses ordered by the Chairman to be paid to the Board under subsection (2) shall be taxable in the High Court in the same manner as if they were ordered in connection with a civil action in the High Court.(3A) Any penalty imposed by the Board under subsection (1)(b)(i) of this section and any costs and expenses ordered to be paid to the Board under subsection (2) shall be recoverable as debts due to the Board. (3B) A decision of the Board under subsection (1) to suspend a public accountant from practice or to cancel the registration of a public accountant or to impose any penalty on a public accountant shall not take effect until the expiration of one month from the date on which the decision has been communicated to the public accountant or, where an appeal against the decision is made to the High Court under section 22, until the appeal has been determined or withdrawn.”.