Accountants Act · 2023 Revised Edition · Part · Practice Monitoring Programme
39. Practice monitoring programme for public accountants
Official textFrom Attorney General's Chambers, unchanged
The Authority, upon the advice of the Oversight Committee, may require, as a condition for a public accountant to be allowed to remain in practice, that the public accountant should undergo, at such periods as the
Authority
“Authority” means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan under section 3(1) to be the Authority for the purposes of this Act;
Oversight Committee may determine, a practice monitoring programme and successfully pass the practice reviews carried out under such programme.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
The Oversight Committee, with the approval of the Authority, may require a public accountant undergoing a practice monitoring programme to pay such fee as it may specify in connection with the administration of the programme.
public accountant
“public accountant” means a person who is registered in accordance with this Act as a public accountant;
Accountants
Terms defined in s 2
Authority
Defined · s 2“Authority” means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan under section 3(1) to be the Authority for the purposes of this Act;
Oversight Committee
Defined · s 2“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
public accountant
Defined · s 2“public accountant” means a person who is registered in accordance with this Act as a public accountant;