On 24/05/2013,
you requested for the version in force on 24/05/2013
incorporating all amendments published on or before 24/05/2013.
The closest version currently available is that of 26/10/2007.
8.
—(1) (1) Accounting standards made or formulated by the Council may be expressed to apply —
(a)
to all companies or specified classes or descriptions of companies;
(b)
to all co-operative societies registered under the Co-operative Societies Act (Cap. 62) or specified classes or descriptions of such co-operative societies;
(c)
to all societies registered under the Societies Act (Cap. 311) or specified classes or descriptions of such societies; and
(d)
to all charities registered, and all institutions of a public character approved or deemed approved, under the Charities Act (Cap. 37) or specified classes or descriptions of such charities or institutions of a public character.
(2) Such accounting standards may be of general or specially limited application, and differ according to differences in time, place or circumstance.
(3) The Council may, from time to time, issue practice directions on the interpretation of the accounting standards made or formulated under this Part and on matters relating to them and their use in Singapore.
(4) An accounting standard that was in force under section 200A of the Companies Act (Cap. 50) immediately before the date of commencement of subsection (1)(a), and any practice directions issued by the Accounting Standards Committee under that section, shall continue in force after that date as if it had been made or formulated by the Council under this Part after that date.