Accountants' and Auditors' and Financial Institutions Amendment Act 92 of 1988

Files
Attachment Size
act-92-1988.pdf 1.43 MB
92 of 1988

The Accountants' and Auditors' and Financial Institutions Amendment Act 92 of 1988 intends:

  • to amend the Public Accountants' and Auditors' Act, 1951 [repealed in 1991], so as
  • to authorize the Public Accountants' and Auditors' Board to cause to be made known in a specified manner the name of an accountant and auditor who has been found guilty of improper conduct; and
  • to make different provision with regard to the recognition of service under articles which was rendered before the date on which such articles were lodged with the board for registration;
  • to amend the Inspection of Financial Institutions Act, 1984 [repealed in 1998], so as
  • to apply the provisions of section 8 in respect of an inspection in terms of section 6 of the Act;
  • to confer and impose upon the registrar of a financial institution a power and a duty to submit to that board and a certain liquidator certain information obtained by the registrar as a result of the application of the provisions of the latter Act; and
  • to make provision for incidental matters.

Commencement

15 July 1988

Share this page