- (c) a reviewer may inspect, examine or make copies of or take any abstract of or extract from any record or document produced under paragraph (a) or (b);
- (d) a reviewer exercising a power under this section shall, if so requested by a person affected by such exercise, produce for inspection by such person such evidence of his authority as may be provided to him by the Oversight Committee upon his appointment as a reviewer.
(3) Nothing in this section shall be taken to compel the production by a public accountant of a record or document containing a privileged communication by or to a legal practitioner in that capacity.
Reviewer to submit report
37.—(1) A reviewer who carries out a practice review under this Part shall submit a report to the Practice Monitoring Sub-committee at the conclusion of the practice review and at any other stage thereof as may be required by the Practice Monitoring Sub-committee.
(2) Where after the conclusion of a practice review the Practice Monitoring Sub-committee, having had regard to any report submitted by the reviewer, is of the opinion that the public accountant concerned has failed to observe, maintain or apply the prescribed professional standards, methods, procedures or other requirements, the Practice Monitoring Subcommittee shall make a report thereof to the Oversight Committee.
Consequences of failure to pass practice review
38.—(1) Upon receiving the report of the Practice Monitoring Subcommittee under section 37(2) and considering the recommendations therein, the Oversight Committee may—
- (a) take any one or more of the following actions:
- (i) by order impose such conditions as are necessary to restrict the provision of public accountancy services by the public accountant in such manner as the Oversight Committee thinks fit for a period not exceeding 2 years;
- (ii) require the public accountant to undergo and satisfactorily complete such remedial programme as may be specified by the Oversight Committee;
