Page:Accountants Act 2004.pdf/57

Rh Jurisdiction of District Court

61. Notwithstanding any provision to the contrary in the Criminal Procedure Code (Cap. 68), a District Court shall have jurisdiction to try any offence under this Act and shall have power to impose the full penalty or punishment in respect of the offence.

Composition of offences

62.—(1) The Oversight Committee or any officer of the Authority who is authorised by the Oversight Committee in that behalf may, in its or his discretion, compound any offence under this Act which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding $1,000.

(2) On payment of such sum of money, no further proceedings shall be taken against such person in respect of the offence.

Protection from personal liability

63. No suit or other legal proceedings shall lie personally against any person who is a member of a Complaints Committee or a Disciplinary Committee for anything which is in good faith done or intended to be done in the execution or purported execution of this Act.

Rules

64.—(1) The Authority may, with the approval of the Minister, make rules to give effect to this Act.

(2) Without prejudice to the generality of subsection (1), the Authority may, with the approval of the Minister, make rules—
 * (a) to provide for the manner in which applications for registration or approval may be made under this Act;
 * (b) to prescribe the fees payable for the purposes of this Act;
 * (c) to prescribe the qualifications and other requirements for the registration of public accountants under this Act;
 * (d) to provide for the classification of public accountants;
 * (e) to prescribe the standards, methods, procedures and other requirements to be applied by public accountants when providing public accountancy services;