1. This Act may be cited as the Accounting and Corporate Regulatory Authority Act.
2. In this Act, unless the context otherwise requires —
“Authority” means the Accounting and Corporate Regulatory Authority established under section 3;
“Chairman” means the Chairman of the Authority appointed under section 5(1)(a) and includes any temporary Chairman of the Authority;
“Chief Executive” means the Chief Executive of the Authority appointed under section 10 and includes any person acting in that capacity;
“debenture” includes debenture stock;
“Deputy Chairman” means any person who is appointed under section 5(3)(a) to be the Deputy Chairman of the Authority;
“member” means a member of the Authority;
“Public Accountants Board” means the Public Accountants Board established under section 3 of the Accountants Act (Cap. 2, 2001 Ed.) repealed by the Accountants Act (Cap. 2, 2005 Ed.);
“Registry of Companies and Businesses” means the Government department known as the Registry of Companies and Businesses;
“securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company;
“shares” includes stocks.