Interpretation

In this Act, except where the context otherwise requires“auditor” means a person who examines and reports on financial statements or accounts; CAP. 247. “Belize Association of Accountants” means the Belize Association of Accountants registered under the Business Names Act; “bye-laws” means the bye-laws of the Institute from time to time in force; “CARICOM Member State” means a State which is a party to the Treaty of Chaguaramas establishing the Caribbean Community, including the CARICOM Single Market and Economy; “Council for Human and Social Development” means the body of the Caribbean Community empowered by Article 35 of the Treaty of Chaguaramas establishing the Caribbean Community including the CARICOM Single Market and Economy to establish common standards and measures for accreditation on 5 mutual recognition of diplomas, certificates and other evidence of qualification of nationals of CARICOM Member States; “Institute” means the Institute of Chartered Accountants of Belize established by section 3; “member” means a member of the Institute; “Minister” means the Minister of Government responsible for Finance; “officers” means those officers of the Institute provided for by section 6 (1); “practicing certificate” means a certificate issued pursuant to section 9; “prescribed” means prescribed by this Act or by the bye-laws of “public accountant” means a person practicing as defined in section 9 (2); “scheduled societies” means– (a) the societies set out in Schedule II thereto and any other professional accountancy body that may be approved from time to time by the Council of the Institute; Schedule II. (b) any society or other professional accountancy body that may be approved from time to time by the Council for Human and Social Development; “seal” means the seal of the Institute as adopted from time to time; 6 “student” means a student in good standing of a scheduled society and registered under the rules of the institution.