Singapore legislation

Clause 67

Pending disciplinary proceedings

(1)

This Act shall not apply to any inquiry, investigation or other proceedings of a disciplinary nature commenced under the repealed Accountants Act before the appointed day, and the provisions of the repealed Accountants Act shall, subject to subsection (2)(b), continue to apply to such inquiry, investigation or proceedings as if this Act had not been enacted.

(2)

For the purposes of subsection (1) —

(a)

any Inquiry Committee appointed under the repealed Accountants Act shall continue to exist to complete the inquiry, investigation or proceedings, and may take such action or make such order or decision as it could have taken or made under the relevant provisions of the repealed Accountants Act; and

(b)

any action, order or decision that could have been taken or made by the Public Accountants Board under the relevant provisions of the repealed Accountants Act in connection with such inquiry, investigation or proceedings shall be taken or made in like manner by the Oversight Committee, as if a reference to the Public Accountants Board in those relevant provisions of the repealed Accountants Act were a reference to the Oversight Committee.

(3)

Nothing in this section shall be taken as prejudicing section 16 (effect of repeal) of the Interpretation Act (Cap. 1).

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