Singapore legislation

Clause 14

of Corporate and Accounting Laws (Amendment) Bill

Clause 14

New section 14A

In the Accountants Act, after section 14, insert —“Cancellation of registration by application14A.—

(1)

The Registrar may (without compensation) cancel the registration of a public accountant who has applied to the Registrar for his or her registration to be cancelled.(2) Despite subsection (1), the Registrar must not cancel a public accountant’s registration under that subsection if —

(a)

the Oversight Committee has referred any complaint in respect of the public accountant to the Registrar for review under section 41(1);

(b)

the Oversight Committee has referred any information concerning any improper or dishonourable act or conduct of the public accountant to the Registrar for review under section 41(2); or

(c)

any disciplinary proceedings under Part 6 are pending against the public accountant.”.

Read in full context — Corporate and Accounting Laws (Amendment) Bill →