(CHAPTER 39)
B.L.R.O. 2/2015
Companies
ARRANGEMENT OF RULES
[Subsidiary]
Rules
1. Citation
2. Application to Permanent Secretary
3. Minimum qualifications
4. Permanent Secretary to examine applications
5. Removal from list
6. Change of address to be notified to Permanent Secretary
7. Signature on audited accounts and audit reports
8. Offence and penalty
SCHEDULE — FEES
B.L.R.O. 2/2015
Companies
[Subsidiary]
Commencement: 4th August 1997 [S 22/1997]
A. FOR ACCOUNTS KEPT IN ENGLISH
Associate membership of one of the following bodies —
(a) The Institute of Chartered Accountants of — (i) Australia;
(ii) Canada;
(iii) England and Wales; (iv) Ireland;
(v) New Zealand;
(vi) Scotland.
(b) The Association of Chartered Certified Accountants.
(c) CPA Australia.
(d) (Deleted by S 57/2010).
[S 57/2010] [S 57/2010]
B.L.R.O. 2/2015
4 CAP. 39, R 1
[Subsidiary]
Companies
B. FOR ACCOUNTS KEPT IN A LANGUAGE OTHER THAN ENGLISH
(a) Associate membership of one of the bodies set out in paragraph A(a)
above; and
(b) Evidence of competency in the language concerned.
(2) Where the Minister of Finance orders the insertion of the name of the applicant in any part of such list, the applicant shall not be entitled to perform the duties required to be performed by an auditor unless the Permanent Secretary has upon receipt of the fee prescribed in the Schedule issued to him a Letter of Authorisation.
(3) Every Letter of Authorisation issued under sub-rule (2) shall be in force until the 31st December in the year in which it is given and may be renewed for each subsequent calendar year upon payment to the Permanent Secretary of the fee prescribed in the Schedule.
(a) such person has failed within 2 months from the date of expiry of any
Letter of Authorisation to apply to the Permanent Secretary for the renewal thereof;
(b) such person has failed to notify the Permanent Secretary in writing of any such change of address or of his employer of his partnership;
(c) such person is convicted of a criminal offence.
(2) The name of the signatory must be stated underneath his signature.
Companies
[Subsidiary]
(rule 4(3)) FEES
The fee payable under rule 4(2) and (3) in respect of year or
part of the year $2,500
[S 57/2010]
B.L.R.O. 2/2015