Singapore legislation

Clause 12

of Accountants (Amendment) Bill

Clause 12

Repeal and re-enactment of section 21

Section 21 of the Accountants Act is repealed and the following section substituted therefor:“Notification of approval and record in Register

21. Where the Oversight Committee has approved a company, a firm or a limited liability partnership as an accounting corporation, an accounting firm or an accounting LLP under this Part, the Registrar shall —

(a)

notify the accounting corporation, accounting firm or accounting LLP of the approval; and

(b)

record the name and relevant particulars of the accounting corporation, accounting firm or accounting LLP in the Register of Public Accounting Corporations, the Register of Public Accounting Firms or the Register of Public Accounting Limited Liability Partnerships, as appropriate.”.