C-48.1 - Chartered Professional Accountants Act

Section 65 Disposition versions

2012-05-16

65. A member of the Ordre des comptables généraux accrédités du Québec or the Ordre des comptables en management accrédités du Québec who, on 28 March 2012, exercised the rights and privileges expressly granted under sections 28 and 29 of the Chartered Accountants Act (chapter C-48) as they read before they were repealed on 20 December 2007 by section 5 of the Act to amend the Professional Code and the Chartered Accountants Act in respect of public accountancy (2007, chapter 42), may obtain a public accountancy permit issued by the board of directors of the Ordre des comptables professionnels agréés du Québec. The holder of that permit must use the title “auditor” in accordance with section 7 or sections 62 and 63, as applicable, adding an explicit indication that the practice of public accountancy is limited to the field in which the permit holder is authorized to practise.

A member of the Ordre des comptables généraux accrédités du Québec or the Ordre des comptables en management accrédités du Québec who, on 28 March 2012, performed review engagements within the meaning of the third paragraph of section 4, may also obtain a public accountancy permit issued by the board of directors of the Ordre des comptables professionnels agréés du Québec. The holder of that permit must use the title “auditor” in accordance with section 7 or sections 62 and 63, as applicable, adding an explicit indication that the practice of public accountancy is limited to review engagements.

Sections 6 and 8 apply to the members referred to in the first and second paragraphs, with the necessary modifications.

To avail themselves of the rights and privileges provided for in the first or second paragraph, members must be entered in the register established for that purpose by the Ordre des comptables professionnels agréés du Québec. The registration is valid for one year and may be renewed.

These rights and privileges end as soon as a member is no longer entered in the register.

Members who wish to avail themselves of the rights and privileges granted under the first or second paragraph must apply to the Ordre des comptables professionnels agréés du Québec no later than 16 May 2013.

2012, c. 11, s. 65.