The Accountants Regulations
2. Interpretation
2. Interpretation
In these Regulations, unless the context otherwise requires—"Act" means the Accountants Act (Cap. 531)"campaign forum" means a physical or virtual public meeting place for open discussion between candidates for Council positions with members prior to a Council election;"committees" includes subcommittees, workgroups, work streams, steering committees or branch executive committees;"Council" has the meaning assigned to it under section 2 of the Act;"continuous professional development program" means the continuous maintenance, development and enhancement of the professional and personal skills, which accountants will require for the execution of professional and technical duties throughout their working lives;"Disciplinary Committee" has the meaning assigned to it under section 2 of the Act;"firm" has the meaning assigned to it under section 2 of the Act;"gifts" means a present, donation, contribution, presentation, charity, award, favour, settlement, informal freebie, perks or handouts in cash or otherwise;"Institute" has the meaning assigned to it under section 2 of the Act;"member" means a person who is registered with the Institute in accordance with sections 4 and 24 of the Act;"member in good standing," means a member of the Institute who has attained the requirements of the Institute’s continuous professional development program, has paid up the fees and subscriptions and has no pending disciplinary case before the disciplinary committee;"publicise" has the meaning assigned to it under section 2 of the Public Finance Management Act (Cap. 412A);"publish" has the meaning assigned to it under section 2 of the Public Finance Management Act (Cap. 412A);"public interest entities" means institutions including banks, insurance companies, savings and credit organizations which are audited by professional accountancy firms and are subject to a high level of scrutiny than private institutions;"Registration Committee" means the Registration and Quality Assurance Committee established under section 13 of the Act;"retired member" means practising members aged over sixty years or sixty-five years for members registered with the Council on Persons with Disabilities;"Secretary to the Council" means the Secretary appointed under section 12 of the Act; and"trainee accountant" has the meaning assigned to it under section 2 of the Act.Source: Kenya Law