Accountancy Profession Act (Cap. 281), article 6A

6A. (1) The Board shall engage two practitioners in a permanent role to assist it in the proper discharge of its duti es. The two practitioners shall be appointed by the Board for a one-yea r term and chosen from a panel of six, nominated by a recognised accountancy body. In the fulfilment of their duties, the practitioners shall not be involved in any decision-making of the Board. The practitioners shall leave the room each time a vote is taken or there is dissension among board members. The practitioners shall be required to desist from their work when any possible conflict of interest arises. A practitioner who has served for a one-year t erm shall only be eligible for re-appointment after three years hav e elapsed from his term of duty. (2) The Board shall be independent of statutory auditors and 8 CAP. 281.] ACCOUNTANCY PROFESSION audit firms. (3) The Board shall act in a transparent manner; this shall include the publication of annual work programmes and activity reports. (4) The system of public oversight shall be adequately funded and shall have adequate resources to initiate and conduct investigations. The funding of the public oversight system shall be secure and free from any undue influence by statutory auditors or audit firms. Functions of the Board. Amended by: II. 2003.28; XIV . 2003.6; IX. 2008.52; XXIII. 2009.31; VIII. 2016.7; XXXVI. 2016.5; XXI of 2020.