C-48.1 - Chartered Professional Accountants Act

Section 59 Disposition versions

2012-05-16

59. A person who, on 15 May 2012, is a member of the Ordre des comptables agréés du Québec becomes the holder of a public accountancy permit issued by the board of directors of the Ordre des comptables professionnels agréés du Québec if he or she meets one of the following conditions:

(1)  the person, in the five years preceding 16 May 2012, practised public accountancy within the meaning of section 19 of the Chartered Accountants Act (chapter C-48) as it read before the Act was repealed by section 31 of chapter 11 of the statutes of 2012, except the performance of compilation engagements not intended exclusively for internal management purposes;

(2)  the person did not practise public accountancy, except the performance of compilation engagements not intended exclusively for internal management purposes, in the five years preceding 16 May 2012, but meets the requirements of the Regulation concerning mandatory continuing education for Québec chartered accountants who practice public accountancy (chapter C-48, r. 14), as it read on 15 May 2012; or

(3)  the person did not practise public accountancy, except the performance of compilation engagements not intended exclusively for internal management purposes, in the five years preceding 16 May 2012, but, between 16 May 2012 and the coming into force of a regulation made by the board of directors of the Ordre des comptables professionnels agréés du Québec under the second paragraph of section 5, meets the standards for the issue and holding of a public accountancy permit established under sections 10 to 15 of the Regulation respecting the public accountancy permit of the Ordre des comptables généraux accrédités du Québec (chapter C-48.1, r. 26).

2012, c. 11, s. 59.