Accountants Act · 2023 Revised Edition · Part · Administration of Act
9. Appointment of sub-committees by Oversight Committee
Official textFrom Attorney General's Chambers, unchanged
Subject to any general or special direction of the Authority, 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 appoint one or more sub-committees for any general or special purpose which, in the opinion of the Oversight Committee, may be better dealt with or managed by a sub-committee.
Oversight Committee
“Oversight Committee” means the Public Accountants Oversight Committee appointed by the Authority under section 5(1);
The Oversight Committee may delegate to any sub-committee appointed under subsection (1), with or without conditions, any of the powers or functions which may be exercised or performed by the Oversight
Committee under this Act.
The number and term of office of the members of any sub-committee appointed under this section and the number of those members necessary to form a quorum shall be determined by the Authority.
A sub-committee appointed under this section may include persons who are not members of the Oversight Committee.
The Oversight Committee may continue to exercise any power conferred upon it or perform any function under this Act notwithstanding the delegation of such power or function to a sub-committee under this section.
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);
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Registration of Public Accountants
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Accounting Corporations, Accounting Firms and Accounting Limited Liability Partnerships
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Practice Monitoring Programme
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Disciplinary Proceedings
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