Accountancy Profession Act (Cap. 281), article 12

12. Every person who acts or omits to act in breach of his professional duty as accountant or auditor, shall, if such act or omission amounts to dishonesty or serious misconduct, be liable on conviction to imprisonment for a period of not less than one ye ar and not exceeding five years, and the court may also inflict on such person a fine ( multa ) not exceeding sixty thousand euro (€60,000.00). Examption from liability or responsibility. Substituted by: IX. 2008.56. Amended by: XXI of 2020.