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  Accounting and Corporate Regulatory Authority Act
(CHAPTER 2A)

  Table of Contents

  Long Title

Part I PRELIMINARY

1 Short title
2 Interpretation

Part II ESTABLISHMENT, INCORPORATION AND CONSTITUTION OF AUTHORITY

3 Establishment and incorporation of Accounting and Corporate Regulatory Authority
4 Common seal
5 Constitution of Authority

Part III FUNCTIONS AND POWERS OF AUTHORITY

6 Functions of Authority
7 Powers of Authority
8 Directions by Minister
9 Appointment of committees and delegation of powers

Part IV PROVISIONS RELATING TO STAFF

10 Appointment of Chief Executive, officers and employees, etc.
11 Protection from personal liability
12 Public servants

Part V FINANCIAL PROVISIONS

13 Funds and property of Authority
14 Application of moneys
15 Bank accounts
16 Annual estimates
17 Power of investment
18 Grants-in-aids
19 Power to borrow
20 Issue of shares, etc.
21 Financial provisions

Part VI TRANSFER OF PROPERTY, ASSETS, LIABILITIES AND EMPLOYEES

22 Transfer to Authority of property, assets and liabilities
23 Transfer of employees
24 Service rights, etc., of transferred employees to be preserved
25 Existing contracts
26 Pending proceedings
27 Continuation and completion of disciplinary proceedings
28 Misconduct or neglect of duty by employee before transfer

Part VII MISCELLANEOUS

29 Annual report
30 Name, symbol or representation of Authority
31 Powers of enforcement
32 Offences committed by bodies corporate, etc.
33 Proceedings conducted by officers of Authority
34 Preservation of secrecy
35 Jurisdiction of District Court
36 Composition of offences
37 Amendment of Schedules
38 Rules

  FIRST SCHEDULE Constitution and Proceedings of Authority

  SECOND SCHEDULE Written Laws Administered and Enforced by Authority

  THIRD SCHEDULE Financial Provisions

  Legislative History

  Comparative Table

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