ontario regulation 402/08

made under the

Public Accounting Act, 2004

Made: November 19, 2008
Filed: November 20, 2008
Published on e-Laws: November 21, 2008
Printed in The Ontario Gazette: December 6, 2008

Amending O. Reg. 238/05

(General)

1. Section 4 of Ontario Regulation 238/05 is revoked and the following substituted:

Public Accounting Services

Limitation on public accounting services

4. For the purposes of section 2 of the Act, the practice of public accounting does not include providing any of the services listed in that section, if they are provided without reward,

(a) by a person who is a member of a professional accounting body that administers a process for addressing public complaints against its members and who is insured against professional liability; and

(b) on a basis that is independent of the person for whom the services are being provided.

2. Subsection 6 (2) of the Regulation is amended by striking out “December 31, 2008” in the portion before clause (a) and substituting “December 31, 2009”.

3. This Regulation comes into force on the day it is filed.