Singapore legislation

Clause 27

of Singapore Accountancy Commission Bill

Clause 27

Suspension or termination of membership in designated entity

(1)

Nothing in this Part shall affect the right of a designated entity under its membership rules to suspend or terminate the membership of any of its members registered as a chartered accountant.

(2)

The registration of a member of a designated entity as a chartered accountant under this Act shall, by virtue of this subsection —

(a)

be suspended, for the applicable period in subsection (3), immediately upon the suspension of his membership in the designated entity; and

(b)

cease immediately upon the termination of his membership in the designated entity.

(3)

The period of any suspension of the registration of a chartered accountant under subsection (2)(a) shall be the shorter of the following:

(a)

the period of the suspension of his membership in the designated entity; (b)the period remaining of the validity of his registration as a chartered accountant.

Clause 27 — Singapore Accountancy Commission Bill | laws.sg