Page:Accountants Act 2004.pdf/42

42 ::(iii) make such other order as the Complaints Committee considers appropriate; and
 * (c) if it is of the view that a formal inquiry is necessary, recommend to the Oversight Committee to constitute a Disciplinary Committee to hold the formal inquiry.

Decision of Oversight Committee

48.—(1) Upon receipt of the findings and recommendation of a Complaints Committee under section 47(b) or (c), the Oversight Committee may either—
 * (a) accept the recommendation and make the recommended order;
 * (b) refer the matter back to the Complaints Committee for further inquiry; or
 * (c) make such other order as the Oversight Committee thinks fit.

(2) The Oversight Committee shall notify the public accountant, accounting corporation or accounting firm concerned and the person who made the complaint of its decision.

(3) Any public accountant, accounting corporation or accounting firm who or which is aggrieved by any order of the Oversight Committee, being an order referred to in subsection (1)(c) or section 47(b), may, within 30 days of being notified of the determination of the Oversight Committee, appeal to the Minister whose decision shall be final.

(4) The Minister may make—
 * (a) an order affirming the decision of the Oversight Committee;
 * (b) an order directing the Oversight Committee to constitute a Disciplinary Committee for a formal inquiry into the matter; or
 * (c) such other order as he thinks fit.

(5) Where—
 * (a) the Oversight Committee accepts the recommendation of the Complaints Committee under section 47(c); or
 * (b) the Minister makes an order under subsection (4)(b),

the Oversight Committee shall appoint a Disciplinary Committee to conduct the formal inquiry.