Accountants Act
(CHAPTER 2A)

(Original Enactment: Act 26 of 1987)

REVISED EDITION 1988
(30th April 1988)
An Act to provide for the establishment of the Public Accountants Board and for purposes connected therewith and to repeal and re-enact with amendments the Accountants Act (Chapter 2 of the 1985 Revised Edition).
[                    1988]
PART I
PRELIMINARY
Short title
1.  This Act may be cited as the Accountants Act.
[Rectified by S 85/1992]
Interpretation
2.  In this Act, unless the context otherwise requires —
“appointed day” means the date of commencement of this Act;
“Board” means the Public Accountants Board established under section 3;
“certified public accountant” means a person who is for the time being a member of the Institute;
“Chairman” means the Chairman of the Board;
“Council” means the Council of the Institute established under section 29;
“Disciplinary Committee” means the Disciplinary Committee appointed under the repealed Accountants Act [1985 Ed., Cap. 2];
“Inquiry Committee” means an Inquiry Committee appointed by the Board under section 19(1);
“Institute” means the Institute of Certified Public Accountants of Singapore;
“Investigation Committee” means the Investigation Committee appointed under the repealed Accountants Act [1985 Ed., Cap. 2];
“lay person”, in relation to an Inquiry Committee, means an architect, banker, advocate and solicitor, company director, insurer, professional engineer, medical practitioner or a person who possesses such other qualifications as may be approved by the Board;
“public accountant” means a person who is registered or deemed to be registered in accordance with this Act as a public accountant;
“Registrar” means the Registrar of the Board appointed under section 11(1);
“repealed Accountants Act” means the Accountants Act in force immediately before the appointed day;
“Society” means the Singapore Society of Accountants established under the repealed Accountants Act.