Singapore legislation
Clause 25
Clause 25
Amendment of section 58
Section 58(2) of the Accountants Act is amended —
by inserting, immediately after the words “public accountants” in paragraph (g), the words “and accounting corporations”;
by deleting the word “and” at the end of paragraph (h);
by inserting, immediately after paragraph (h), the following paragraphs:“(i)for restrictions to be imposed on persons or classes of persons who may become officers of an accounting corporation;
for the payment of fees on applications made under Part IIIA or any rules made under this Act and for related matters; (k)exempting any persons or classes of persons from any provision of Part III or IIIA;
prescribing anything which may be prescribed under Part IIIA; and”; and
by re-lettering the existing paragraph (i) as paragraph (m).