Act Number: 12

Act Name: The Public Accountants Defaults Act, 1850

Year: 1850

Enactment Date: 1850-03-12

Long Title: For avoiding loss by the default of Public Accountants

Ministry: Ministry of Corporate Affairs

Department:

Section 2: Amount and kind of security, and with what sureties.
In default of any Act having special reference to the office of any public accountant, the security given shall be of such amount and kind, real or personal, or both, and with such sureties (regard being had to the nature of the office), as shall be required by any rules made or to be made from time to time, by the authority by which each public accountant is appointed to his office,1 ***.
Notes:
1. The words “subject to the approval of the Governor or Governor in Council of the Presidency or place” rep. by the A.O. 1937.
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