Professional Accountants Ordinance

(1)
The Council may, in relation to the practice of accountancy, issue or specify
any—
(a)
statement of professional ethics; or
(b)
standards of accounting, auditing and assurance practices,
required to be observed, maintained or otherwise applied by any certified
                public accountant.
(Amended
23 of 2004 s. 54
)
(2)
Any—
(a)
statement of professional ethics; or
(b)
standards of accounting, auditing and assurance practices,
issued or specified by the Council and which were in force immediately before
                the coming into
                operation*
                of this section shall be deemed to have been issued or specified under subsection
                (1).