ARRANGEMENT OF SECTIONS
1 Short title
3 Establishment of Public Accountancy Board
4 Functions of the Board
5 Appointment of Registrar and other officers, agents and servant
6 Funds of the Board
7 Audit of accounts
8 Annual reports and estimates
9 Register of public accountants
10 Application for registration as a public accountant
12 Qualifications for registration
13 Striking off and suspension, etc
14 Appeals to Court of Appeal
15 Prohibitions affecting non-registered persons
16 Institute to be a corporation
17 Transfer of assets and liabilities
18 Objects of Institute
19 Council of Institute
21 Powers of Institute
22 Qualifications for membership of Institute
23 Register of members and register of students
24 Use of designations and initials by members of Institute
25 Prohibitions regarding use of designations and initials, etc, by unauthorised persons
26 Publication in Gazette of particulars relating to register of public accountants
27 Evidential provisions
28 Rules made by the Board
29 Regulations made by the Minister
THE PUBLIC ACCOUNTANCY ACT
[Date of Commencement: 6th July, 1970]
34 of 1968,
5 of 1975,
9 of 2004.
Preliminary (sections 1-2)
This Act may be cited as the Public Accountancy Act.
In this Act, unless the context otherwise requires-
"Board" means the Public Accountancy Board established as provided in section 3;
"Council" means the Council of the Institute;
"existing organisation" has the meaning assigned to it by section 17;
"Institute" means the Institute of Chartered Accountants of Jamaica;
"practising certificate" means a certificate issued by the Board pursuant to section 14A;
[5/1975 s 2.]
"prescribed" means prescribed by the regulations;
"public officer" means any person holding, or appointed to act in, an office of emolument in the service of the Crown in a civil capacity in respect of the Government of Jamaica;
"register" means the register of public accountants mentioned in section 9;
"registered public accountant" means a person whose name is on the register, not being a person whose registration is for the time being suspended,
"the regulations" means the regulations made by the Minister under this Act.
Public Accountancy (sections 3-15)
(1) There shall be established for the purposes of this Act a body to be called the Public Accountancy Board.
(2) The provisions of the First Schedule shall have effect as to the constitution of the Board and otherwise in relation thereto.
(1) The functions of the Board shall be, generally, to promote, in the public interest, acceptable standards of professional conduct among registered public accountants in Jamaica, and, in particular (but without prejudice to the generality of the foregoing) to perform the functions assigned to the Board by the other provisions of this Act.
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