This Act was repealed on 2008-09-26 by Accountants Act, 2008.
Accountants Act, 1982
Related documents
- Is repealed by Accountants Act, 2008
Zambia
Accountants Act, 1982
Chapter 390
- Published
- Commenced on 24 June 1983
- [This is the version of this document at 31 December 1996.]
- [This legislation has been revised and consolidated by the Ministry of Legal Affairs of the Government of the Republic of Zambia. This version is up-to-date as at 31st December 1996.]
- [Repealed by Accountants Act, 2008 (Act 13 of 2008) on 26 September 2008]
Part I – Preliminary
1. Short title
This Act may be cited as the Accountants Act.2. Interpretation
In this Act, unless the context otherwise requires—"accountant" includes auditor, tax consultant and tax adviser and "accountancy" shall be construed accordingly;"Chairman" means the person elected Chairman of the Council under section eleven;"constitution" means the constitution of the Institute referred to in section six;"Council" means the Council of the Institute;"Council member" means a member of the Council;"Disciplinary Committee" means the Disciplinary Committee of the Institute;"honorary member" means a person upon whom honorary membership of the Institute has been conferred in accordance with subsection (2) of section nineteen;"Institute" means the Zambia Institute of Certified Accountants established by section three;"member" means a registered accountant and an honorary member;"practising certificate" means a practising certificate issued in accordance with section twenty-five;"professional misconduct" shall be construed in accordance with section twenty-nine;"register" means a register prepared and maintained in accordance with section twenty;"registered accountant" means a person registered as an accountant in accordance with the provisions of Part IV;"Secretary" means the person appointed Secretary to the Institute under section sixteen;"Vice-Chairman" means the person elected Vice-Chairman under section eleven.Part II – Zambia Institute of Certified Accountants
3. Establishment of Institute
There is hereby established the Zambia Institute of Certified Accountants which shall be a body corporate with perpetual succession and a common seal, capable of suing and of being sued in its corporate name, and with power, subject to the provisions of this Act, to do all such acts and things as a body corporate may by law do or perform.4. Seal of Institute
5. Functions of Institute
6. Constitution of Institute
7. Meetings of Institute
8. Funds of Institute
9. Accounts
Part III – Administration of Institute
10. Council of Institute
For the proper management of the affairs of the Institute, there shall be an executive committee to be called the Council of the Zambia Institute of Certified Accountants which shall consist of the following Council members—11. Chairman and Vice-Chairmain
12. Tenure of office of Council members
13. Proceedings of Council
14. Committees of Council
15. Remuneration and allowances of Council members, etc.
16. Secretary and other staff
17. Disclosure of interest
18. Immunity of Council members
No action or other proceedings shall lie or be instituted against any Council member or any member of a committee of the Council for or in respect of any act or thing done or omitted to be done in good faith in the exercise or purported exercise of his functions under this Act.Part IV – Membership of Institute
19. Classes of members
20. Register of members
21. Qualification for registration
22. Disqualification from registration
23. Certificate of registration and membership fees
24. Holding out
25. Practising certificate
26. Cancellation of practising certificate or registration
27. Appeals to Disciplinary Committee
Any person aggrieved by any decision made by or on behalf of the Institute may appeal to the Disciplinary Committee within ninety days of such decision.28. Offences relating to registration, etc.
Any person who—Part V – Discipline
29. Professional misconduct
A member of the Institute shall be guilty of professional misconduct if he does any of the acts or things set out in the Schedule.30. Disciplinary Committee
31. Functions of Disciplinary Committee
The functions of the Disciplinary Committee shall be to hear and determine—32. Proceedings of Disciplinary Committee
33. Powers of Disciplinary Committee
34. Reports by Disciplinary Committee to Institute
The Disciplinary Committee shall, as soon as practicable after the completion of each hearing, submit to the Institute a report of the proceedings together with a copy of the record kept in accordance with subsection (4) of section thirty-two.35. Appeals to High Court
36. Rules by Chief Justice
The Chief Justice may, by statutory instrument, make rules regulating appeals to the High Court provided for under this Part.Part VI – General
37. Prohibition of publication or disclosure of information to unauthorised persons
38. Regulations and rules
39. Repeal and saving of the old volumes
Part VII – Transitional provisions
40. Transitional Council and committees
History of this document
26 September 2008
Repealed by
Accountants Act, 2008
31 December 1996 this version
Consolidation
24 June 1983
Commenced
Subsidiary legislation
Title
|
Date
|
|
---|---|---|
Accountants (Qualifications for Registration) Regulations, 1994 | Statutory Instrument 40 of 1994 | 25 February 1994 |
Accountants (Qualifications for Registration) Regulations, 1984
Repealed
|
Statutory Instrument 37 of 1984 | 9 March 1984 |