PART I
PRELIMINARY
ARTICLE
1. Title
This Agreement may be cited as the Institute of Chartered Accountants of the Eastern Caribbean Agreement, 2000.
2. Interpretation
In this Agreement—
“accountant” means a person who investigates accounts and certifies as to their accuracy and includes a person whose business it is to compute, adjust and arrange in due order accounts or to audit accounts;
“Chartered Accountant” means a person who is a member of the Institute of Chartered Accountants of the Eastern Caribbean;
“Council” means the Council appointed under Rules made in pursuance of article 5 (1);
“Institute” means the Institute of Chartered Accountants of the Eastern Caribbean;
“member” means a person, not being a student, who is registered as a member of the Institute;
“member states” and “OECS member states” means member states of the OECS that are signatories to or have acceded to this Agreement;
“Minister” means the Minister charged with the responsibility for finance;
“OECS” means the Organisation of Eastern Caribbean States established under the Treaty signed on the 18th day of June 1981 at Basseterre;
“parent body” means the Institute of Chartered Accountants in England and Wales, the Institute of Chartered Accountants in Ireland, the Institute of Chartered Accountants of Scotland, the Canadian Institute of Chartered Accountants, the Association of Chartered Certified Accountants, the American Institute of Certified Public Accountants, the Chartered Institute of Management Accountants, the Certified General Accountants Association of Canada, the Certified Management Accountants of Canada or any other such body of accountants as may from time to time be recommended by the Council and approved by the Institute at a general meeting;
“profession” means the profession of accountancy;
“public practice” in the context of the accounting profession means to offer oneself to the public as being qualified to express opinions of any sort on financial statements or other financial information.