Section 60
Reinstatement to Registers
(1)
Where —
(a)
the registration of a public accountant has been cancelled under Part 6 or 7 and his name and particulars removed from the
Register of Public Accountants; or
(b)
the approval granted to an accounting corporation, accounting firm or accounting Limited Liability Partnership under
Part 5 is revoked under Part 7 and its name and particulars removed from the Register of Public Accounting Corporations, the Register of
Public Accounting Firms or the Register of Public Accounting Limited
Liability Partnerships, the public accountant, accounting corporation, accounting firm or accounting
Limited Liability Partnership shall, if an appeal to the Minister is allowed, be immediately reinstated to the Register of Public Accountants, the Register of
Public Accounting Corporations, the Register of Public Accounting Firms or
Accountants
B.L.R.O. 7/2023 61
the Register of Public Accounting Limited Liability Partnerships, as the case may be, without payment of any fee.
(2)
The Authority may, in its discretion, after the expiration of not less than 2 years from the cancellation of the registration of any public accountant or the revocation of the approval granted under Part 5 to an accounting corporation, accounting firm or accounting Limited Liability
Partnership, consider any fresh application for registration or approval by such public accountant, accounting corporation, accounting firm or accounting Limited Liability Partnership.
Holding out as public accountant, accounting corporation, accounting firm or accounting Limited Liability Partnership 61.
(1)
A person who is not registered as a public accountant under this
Act shall not —
(a)
practise as a public accountant;
(b)
hold himself out to be a public accountant; or
(c)
use in connection with his name or otherwise assume, use or advertise any title or description tending to convey the impression that he is a public accountant registered under this Act, or that he is otherwise authorised to provide public accountancy services in
Brunei Darussalam.
(2)
Subject to subsection (5), a body corporate which is not approved as an accounting corporation under this Act shall not —
(a)
provide public accountancy services in Brunei Darussalam;
(b)
advertise or hold itself out or describe itself in any way to be an accounting corporation or to be authorised to provide public accountancy services in Brunei Darussalam; or
(c)
use in connection with its name, or with the name under which it carries on business, the words “Public Accounting
Corporation”, or any abbreviation or derivative thereof, or use at the end of such name the acronym “PAC”, or any combination of such words, abbreviation, derivative or acronym.
Accountants 62
(3)
A partnership or any other unincorporated body which is not approved as an accounting firm under this Act shall not —
(a)
provide public accountancy services in Brunei Darussalam;
or
(b)
advertise or hold itself out or describe itself in any way to be an accounting firm or to be authorised to provide public accountancy services in Brunei Darussalam.
(4)
A limited liability partnership which is not approved as an accounting Limited Liability Partnership under this Act shall not —
(a)
provide public accountancy services in Brunei Darussalam;
or
(b)
advertise or hold itself out or describe itself in any way to be an accounting Limited Liability Partnership or to be authorised to provide public accountancy services in Brunei Darussalam.
(5)
The Minister may, with the approval of His Majesty the Sultan and Yang Di-Pertuan, exempt any person from all or any of the provisions of subsections (1), (2), (3) and (4).
(6)
Any person who contravenes subsection (1), (2), (3) or (4) is guilty of an offence and liable on conviction to a fine not exceeding $5,000, imprisonment for a term not exceeding one year or both and, in the case of a second or subsequent conviction, to a fine not exceeding $10,000, imprisonment for a term not exceeding 2 years or both.