Accounting Standards Act
(CHAPTER 2B)

Long Title

Part I PRELIMINARY

1 Short title
2 Interpretation

Part II ACCOUNTING STANDARDS COUNCIL

3 Establishment and functions of Accounting Standards Council
4 Constitution of Council
5 Meetings and proceedings of Council
6 Appointment of committees and delegation of powers
7 Directions by Minister

Part III ACCOUNTING STANDARDS FOR COMPANIES AND OTHER ENTITIES

8 Accounting standards
9 Manner of making, etc., accounting standards
10 Evidence of text of accounting standards

Part IV ACCOUNTING STANDARDS FOR STATUTORY BODIES

11 Accountant-General to establish accounting standards
12 Statutory bodies to comply with accounting standards

Part V MISCELLANEOUS

13 Amendment of Schedule
14 Rules

THE SCHEDULE Statutory Bodies

Legislative History

An Act to establish the Accounting Standards Council to issue accounting standards applicable to companies and other incorporated and unincorporated bodies, to provide for accounting standards applicable to statutory bodies with a public function and for matters connected therewith.