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Section 49: Powers of Board

Financial Reporting Act · PART IV: THE MAURITIUS INSTITUTE OF PROFESSIONAL ACCOUNTANTS

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

49. Powers of Board (1) The Board of the Mauritius Institute of Professional Accountants shall have the power to do anything for the purpose of discharging the functions of the Mauritius Institute of Professional Accountants under this Act or under the rules of the Mauritius Institute of Professional Accountants. [Issue 6] F9 – 22 Revised Laws of Mauritius (2) Without prejudice to the generality of subsection (1) but subject to this Act, the powers of the Board shall include the power to— (a) enter into such contracts as may be necessary or expedient for the purpose of discharging its functions; (b) become a member or an affiliate of an international body, the functions or objects of which are similar to or connected with those of the Mauritius Institute of Professional Accountants; (c) establish and administer such systems or schemes as the Mauritius Institute of Professional Accountants may consider necessary or expedient for the discharge of its functions; (d) engage in any activity, either alone or in conjunction with any other organisation or agency, whether local or international, that is connected with or that is conducive to the discharge of its functions; (e) impose such fees and charges as may be prescribed in the discharge of its functions under this Act; (f) recognise any accountancy qualifications, as are in the opinion of the Board equivalent to those of a member of the professional accountancy body; and (g) do such other acts as are incidental or necessary to any of its functions and powers. [S. 49 amended by s. 12 (h) of Act 27 of 2012 w.e.f. 22 December 2012.]

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