s 35E Suspension or termination of membership in designated entity
35E.—(1) Nothing in this Part affects the right of a designated entity under its membership rules to suspend or terminate the membership of any of its members registered as a chartered accountant. (2) The registration of a member of a designated entity as a chartered accountant under this Part must, by virtue of this subsection —(a) be suspended, for the applicable period in subsection (3), immediately upon the suspension of the member’s membership in the designated entity; and (b) cease immediately upon the termination of the member’s membership in the designated entity. (3) The period of any suspension of the registration of a chartered accountant under subsection (2)(a) is the shorter of the following:(a) the period of the suspension of the chartered accountant’s membership in the designated entity; (b) the period remaining of the validity of the registration as a chartered accountant.[Act 36 of 2022 wef 01/04/2023]