Object of the Bill
The object of the Bill is to amend, replace and consolidate the law relating to accountants, to provide for the Institute of Certified Public Accountants of Uganda, to provide for the Council of the Institute and the functions of the Council, to provide for the Public Accountants Examination Board and its membership and functions, to provide for the Secretary, Registrar of accountants and staff of the Institute, to provide for the enrollment of members of the Institute and registration of practicing accountants and accounting firms, to provide for the code of ethics and disciplinary proceedings, to provide for the fees payable under the Act , to repeal the Accountants Act, Cap. 266 and for connected purposes.
Bill Document
Other Attachments
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Laws of Uganda (Acts) - THE ACCOUNTANTS ACT 2013.pdf
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The Accountant Bill, 2011
Sponsored By Hon. Maria Kiwanuka (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Bill is still at First Reading, the first reading being the first stage of a Bill passage through the Floor of Parliament and is usually a formality, it takes place without debate, and the first reading of a Bill can occur anytime in a parliamentary session.
Second Reading
Bill is in the second stage. The second reading is the first opportunity for MPs to debate the main principles of the Bill. It usually takes place up to 45 days after the first reading. Once second reading is complete the Bill proceeds to committee stage where each clause (part) and any amendments (proposals for change) to the Bill may be debated.
Third Reading
Parliament is passing the Bill. The third reading is the final chance for the Members of Parliament to debate the contents of a Bill. Here debate on the Bill is usually short and limited to what is actually in the Bill rather than, as at the second reading, what might have been included.
Presentation/Waiting Assent
Waiting for Assent. Bill is waiting for the President to assent to it. When the Floor of Parliament has passed a Bill, it shall be presented to the President, and the President shall declare either that he assents to the Bill or that he withholds assent.
Assented by President
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
End
Bill passed on 27/06/2013
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
Bill Withdrawn on 01/01/1970