Accounting and CorporateRegulatory AuthorityAct 2004

Accounting and Corporate Regulatory Authority Act 2004 2020 REVISED EDITION This revised edition incorporates all amendments up to and including 1 December 2021 and comes into operation on 31 December 2021 An Act to establish and incorporate the Accounting and Corporate Regulatory Authority, to provide for its functions and powers, and for matters connected therewith. [1 April 2004] PART 1 PRELIMINARY Short title 1. This Act is the Accounting and Corporate Regulatory Authority Act 2004. Interpretation 2.—(1) In this Act, unless the context otherwise requires — “Authority” means the Accounting and Corporate Regulatory Authority established under section 3; “Chairperson” means the Chairperson of the Authority appointed under section 5(1)(a) and includes any temporary Chairperson of the Authority; “chartered accountant” means a person registered or deemed to be registered as a Chartered Accountant of Singapore under Part 6B; [Act 36 of 2022 wef 01/04/2023] “Chief Executive” means the Chief Executive of the Authority, and includes any individual acting in that capacity; “debenture” includes debenture stock; “Deputy Chairperson” means any person who is appointed under section 5(3)(a) to be the Deputy Chairperson of the Authority; “member” means a member of the Authority; “public accountant” means a person who is registered or deemed to be registered in accordance with the Accountants Act 2004 as a public accountant; [Act 36 of 2022 wef 01/04/2023] “Public Accountants Board” means the Public Accountants Board established under section 3 of the Accountants Act (Cap. 2, 2001 Revised Edition) repealed by the Accountants Act 2004; “Registry of Companies and Businesses” means the Government department known as the Registry of Companies and Businesses; “securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company; “shares” includes stocks. [5/2018; 44/2018] (2) A reference in this Act to a written law specified in the Second Schedule or Fifth Schedule includes a part of a written law specified in that Schedule. [44/2018] [Act 28 of 2019 wef 01/04/2026] (3) To avoid doubt, a reference to “company” in the definition of “securities” in subsection (1), and in section 7(2)(b), includes a VCC as defined in the Variable Capital Companies Act 2018. [44/2018]