No.1
PuBLIC AccownANTS AND AumroHs A1v1ENDMENT
"associate constituent body'' means a body specified in Part II of the
Second Schedule that represents general accountants and tax
accountants;
"general accountancy services" means the services of recording,
reporting, and analysis of financial statements, financial
transactions, books, accounts or records, but does not include--(a) the auditing of those statements, transactions, books,
accounts or records;
(b) the services referred to in paragraph (a) of the definition of
"tax accountancy services";
"general accountant" means a person who, upon registration as a
general accountant, is qualified to oiler for hire or reward general
accountancy services to any person, other than to a public
company or statutory body;
"prescribed" means prescribed by by-laws or by regulations, whichever
is appropriate to the context;
"principal constituent body" means a body specified in Part I of the
Second Schedule that represents public accountants and public
auditors;
''public accountancy services" means all the services that a general
accountant and a tax accountant may offer for hire or reward,
but does not include auditing services;
"public accountant" means a person who, upon registration as a
public accountant, is qualified to oiler for hire or reward public
accountancy services to any person, including a public company
or statutory body;
"public auditor" means a person who, upon registration as a public
auditor, is qualiftecl to offer for hire or reward auditing services
and public accountancy services to any person, including a public
company or statutory body;
"regulations" means regulations made by the Board in terms of section
44:
"revenue lmv" means an Act specified in the First Schedule to the
Revenue Authority Act [C!zapter 23: 11];
"tax accountant" means a person who, upon registration as a tax
accountant, is qualified to offer for hire or reward general
accountancy services and tax accountancy services to any person,
other than to a public company or statutory body;
"tax accountancy services., means--
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(a)
the preparation, submission and certification of a lax return
or other return in terms of any one or more of the revenue
laws:
(b)
the doing or any other thing required to ensure compliance
with a revenue law.".
Amendment of section 3 of Cap. 27:12
Section 3 of the principal Act is repealed and the following is substituted---
2
2015