Clause 17
Amendment of section 18
of Corporate and Accounting Laws (Amendment) Bill
BillNot in forceProvision 16 of 156
Clause 17
In the Accountants Act, in section 18(3) —
(a)
in paragraph (b), delete “and” at the end; and
(b)
after paragraph (b), insert —“(ba)the firm or proposed firm is or will be covered by professional indemnity insurance in accordance with section 28 and the prescribed requirements, if any; and”.