Regulatory amendment to Company Secretaries Regulations expands governance, fee and disciplinary procedures and election and financial controls. The amendments revise fees and concessions for membership and certificates of practice; set cancellation and restoration rules for certificates and membership; insert a specified investigation and inquiry procedure with a filing fee for complaints received on or after the stated date; restructure governance by defining Standing Committees and their functions, especially Executive and Finance Committees; mandate budget preparation, auditor roles, comparison of actuals with budget and reporting; amend Regional Council election, representation and tenure rules; and specify professional membership and qualification criteria for Schedule purposes.
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Regulatory amendment to Company Secretaries Regulations expands governance, fee and disciplinary procedures and election and financial controls.
The amendments revise fees and concessions for membership and certificates of practice; set cancellation and restoration rules for certificates and membership; insert a specified investigation and inquiry procedure with a filing fee for complaints received on or after the stated date; restructure governance by defining Standing Committees and their functions, especially Executive and Finance Committees; mandate budget preparation, auditor roles, comparison of actuals with budget and reporting; amend Regional Council election, representation and tenure rules; and specify professional membership and qualification criteria for Schedule purposes.
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