Accounting and Corporate Regulatory Authority Act 2004
Table of Contents
Long Title
Part 1 PRELIMINARY
1 Short title
2 Interpretation
Part 2 ESTABLISHMENT, INCORPORATION AND CONSTITUTION OF AUTHORITY
3 Establishment and incorporation of Accounting and Corporate Regulatory Authority
4 Common seal
5 Constitution of Authority
Part 3 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 4 PROVISIONS RELATING TO STAFF
10 Chief Executive, officers and employees, etc.
11 Protection from personal liability
Part 5 FINANCIAL PROVISIONS
12 Funds and property of Authority
13 Application of moneys
14 Bank accounts
15 (Repealed)
16 Power of investment
17 Grants-in-aids
18 Power to borrow
19 Issue of shares, etc.
20 Financial year
Part 6 TRANSFER OF PROPERTY, ASSETS, LIABILITIES AND EMPLOYEES
21 Transfer to Authority of property, assets and liabilities
22 Transfer of employees
23 Service rights, etc., of transferred employees to be preserved
24 Existing contracts
25 Misconduct or neglect of duty by employee before transfer
Part 6AA TRANSFER OF SINGAPORE ACCOUNTANCY COMMISSION UNDERTAKINGS
25A Interpretation of this Part
25B Transfer of undertakings to Authority
25C Transferring employees to Authority
25D General preservation of employment terms, etc.
25E Transfer of records
25F Confirmation of transfer
Part 6A ELECTRONIC TRANSACTION SYSTEM AND DATA FRAMEWORK
26 Interpretation of this Part
27 Establishment of electronic transaction system
28 Requirement to use electronic transaction system and agents for use
28A Information or document issued, given or sent by means of electronic transaction system
29 Evidence of transaction on electronic transaction system
30 Electronic transaction system malfunction, errors and omissions
30A Information from prescribed public agencies or prescribed entities
30B Use of information and documents in repository
30C Exclusion of residential address from public disclosure if contact address is available
30D Cessation of exclusion of residential address from public disclosure
30E Disclosure framework
31 Registered filing agents
32 Registered qualified individuals
33 Appeal to Minister
34 Interest for non‑payment and recovery of financial penalty
35 Regulations for this Part
Part 6B CHARTERED ACCOUNTANTS OF SINGAPORE
35A Interpretation of this Part
35B Restrictions on use of "Chartered Accountant of Singapore"
35C Approved entity
35D Registration of chartered accountant
35E Suspension or termination of membership in designated entity
35F Revocation or suspension of registration by designated entity
35G Revocation or suspension of registration by Authority
35H Appeals to Authority
35I Appeals to Minister
35J Powers relating to revocation or suspension not affected by membership rules, etc.
35K Designated entities
35L Deletion of designated entity
35M Regulations for this Part
Part 7 MISCELLANEOUS
36 Symbol or representation of Authority
37 Use of name, etc., of Authority
38 False statements
39 Powers of enforcement
40 Offences committed by bodies corporate, etc.
41 Proceedings conducted by officers of Authority
42 Preservation of secrecy
42A Service of documents
43 Jurisdiction of District Court
44 Composition of offences
45 Amendment of Schedules
46 Rules