Accountants Act · 2023 Revised Edition · Part · Administration of Act
5. Appointment of Public Accountants Oversight Committee
Official textFrom Attorney General's Chambers, unchanged
For the discharge of its functions under section 6, the Authority may, with the approval of the Minister and subject to subsection (2), appoint a committee to be known as the Public Accountants Oversight Committee.
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;
At least two members of the Oversight Committee shall be public accountants.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
The Oversight Committee shall carry out the functions and duties and exercise the powers conferred on it by this Act in accordance with such general or special directions as the Authority may give to the Oversight
Committee.
Schedule 1 shall have effect with respect to the Oversight
Committee, its members and proceedings.
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);
Part
Registration of Public Accountants
Part
Accounting Corporations, Accounting Firms and Accounting Limited Liability Partnerships
Part
Practice Monitoring Programme
Part
Disciplinary Proceedings
Part