Singapore legislation

Clause 2

of Accounting and Corporate Regulatory Authority (Amendment) Bill

Clause 2

Amendment of section 5

Section 5 of the Accounting and Corporate Regulatory Authority Act (referred to in this Act as the principal Act) is amended —

(a)

by deleting the words “the designated” in subsection (2)(a) and (b) and substituting in each case the words “each designated”; and

(b)

by deleting subsection (5) and substituting the following subsection:“(5) In subsection (2), “designated professional accountancy body” means a body specified in the Fourth Schedule.”.

Clause 2 — Accounting and Corporate Regulatory Authority (Amendment) Bill