Professional Accountants Ordinance

(1)
A certified public accountant may, by notice in writing under his hand, tender
                to the Council his resignation from the Institute.
(2)
The resignation shall take effect upon the deletion from the register, with the
                approval of the Council, of the certified public accountant’s name.
(3)
The Council may refuse to accept the resignation of a certified public
                accountant
if—
(Amended
23 of 2004 s. 54
)
(a)
it has reason to believe that such accountant has been guilty of conduct,
                    or that circumstances exist, which could justify the
                    revocation
                    or suspension of the accountant’s registration under
section
                        37CA(2
)(
d)
of the AFRC Ordinance;
(b)
it is aware
that—
(Amended
41 of 2021 s. 129
)
(i)
a complaint concerning the accountant has been submitted and is before
                        the Council or a Disciplinary Committee because of the regulations made
                        under
Part 8
of the AFRC Ordinance; or
(ii)
a sanction may be imposed on the accountant under
section
                            37CA
of the AFRC Ordinance; or
(c)
the certified public accountant is indebted to the Institute.
(Amended
41 of 2021 s. 129
)