Professional Accountants Ordinance

(1)
For the purposes of
section 13(1)
, the first election of elected
                members after 1 November 2022 (
first general election
) is to be held
                at the annual general meeting of the Institute held in 2023 (
2023
                AGM
).
(2)
A certified public accountant who holds office as an elected member at the
                beginning of 1 November 2022 is to retire from office immediately before the
                conclusion of the 2023 AGM, unless the accountant is deemed by virtue of
section 15(1)
to have vacated office as a member of the
                Council.
(3)
If, but for this subsection, the President and
Vice-
Presidents would have held
                office until the conclusion of the annual general meeting of the Institute held in
                2022 in accordance with
section 4(2)
, they are to hold office until the
                conclusion of the 2023 AGM, unless they—
(a)
resign their offices by notice in writing delivered to the Registrar;
                    or
(b)
are deemed by virtue of
section 15(1)
to have vacated their
                    offices as members of the Council.
(4)
Despite the definition of
eligible past
Vice-
President
in
section 13(6)
, in relation to the first general election, the
                reference to eligible past
Vice-
President in section 13 is a reference to a
                candidate
who—
(a)
was elected as a Vice-President at the first meeting of the Council held
                    after the annual general meeting of the Institute held in 2021; and
(b)
has held that office for the whole period from the date of the election as
                    a Vice-President until immediately before the first general election.