1983 BILL PR 2 First Session, 20th Legislature, 32 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL PR 2 SOCIETY OF MANAGEMENT ACCOUNTANTS OF ALBERTA AMENDMENT ACT, 1983 MR. NELSON First Reading Second Reading ...„.,... Committee of the Whole Third Reading Royal Assent

Bill PR 2 Mr. Nelson BILL PR 2 1983 SOCIETY OF MANAGEMENT ACCOUNTANTS OF ALBERTA AMENDMENT ACT, 1983 (Assented to , 1983)

WHEREAS The Society of Management Accountants of Alberta was originally incorporated by

chapter 79 of the Statutes of Alberta, 1944, which was amended by

chapter 92, Statutes of Alberta, 1948,

chapter 108, Statutes of Alberta, 1968 and

chapter 80, Statutes of Albeda, 1978; and

WHEREAS a petition has been presented praying that the Act be further amended as hereinafter set forth, and it is expedient to grant the prayer of the petition; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Society of Marmgement Accountants of Alberta Act is amended by this Act. 2 "cost and industrial" is struck out wherever it occurs in the following provisions and "management" is substituted: The

preamble;

section 2;

section 3(1); and

section 10(1 )(

a) and (b).

Explanatory Notes 1 This Bill will amend

chapter 79 of the Statutes of Alberta, 1944. 2 The

preamble,

section 2, secdon 3(1) and

section 10(l)(a)(

b) presendy read:

WHEREAS John A. Tapper, Frederick D. Sutcliffe, William R. Evans, John B. Whelihan. Adrian E. McDonald of the City of Edmonton in the Province of Alberta, and Walter Nobbs. Fred H. Ougden, John W. Randall. Robert B. Strange, W.

Lloyd McPhee of the City of Calgary in the Province of Alberta, have by their petition represented that they, together with the other persons who have signed the said petition, are desirous of being incorporated under the name ' 'The Society of Industrial Accountants of Alberta" for the purpose of increasing the knowledge, skill and proficiency of its members in all things relating to cost and industrial accounting, business organization and administration and generally for the carrying out of the objects of the Society; and

whereas the said petitioners have prayed that

an Act may be passed for such purpose; and

whereas it is expedient to grant the prayer of the said petition;

Section 3(2) is repealed and the following is substituted:

(2) The Society shall have 3 classes of members: (

a) registered or certified members as may be determined by Council; (

b) general members; and (

c) student members. 4

Section 7(2) is amended by adding "or certified" after "regis­ tered". 5

Section 10(1 )(

a) is amended by adding ' 'or certified'' after "reg­ istered".

2. The general objects of the Society shall be to promote and increase the knowledge, skill and proficiency of its members in all things relating to cost and industrial accounting, business organization and adminis­ tration. 3.

(1) Membership in the Society shall be open to any one 16 years of age or over who is engaged in or interested in cost and industrial accounting, business organization and administration. 10.

(1) The Council may pass by-laws which shall not come into force until approved at an annual general meeting of the Society or at a special general meeting thereof called for the purpose of considering same, (

a) to prescribe a curriculum and the course of studies to be pursued by members in cost and industrial accounting, business organ­ ization and administration and the subjects upon which can­ didates for admission to registered membership shall be examined, and for granting certificates to registered members; (

b) to establish lectures and classes for members of the Society in cost and industrial accounting; business organization and administration; 3 The amendment will permit the Council in the future to designate and redesignate the first class of members as either "registered" members or '' certified members''. Secdon 3(2) presendy reads:

(2) The Society shall have three classes of members, namely; registered members, general members and student members. 4 Secdon 7(2) presently reads:

(2) When a vacancy occurs in the Councd from any cause, the Councd shall appoint any registered member of the Society to fill the vacancy untd the next annual meeting of the Society. 5

Section 10(l)(

a) presendy reads: 10.

(1) The Councd may pass by-laws which shall not come into force until approved at an annual general meeting of the Society or at a special general meeting thereof called for the purpose of considering same, (

a) to prescribe a curriculum and the course of studies to be pursued by members in cost and industrial accounting, business organ­ ization and administration and the subjects ^P^;"^^^''^J^^, didatesfor admission to registered membership shall be examined, and for granting certificates to registered members.

6 Secdon 11 presently reads: 11 .

(1) Every registered member of the Society shall have the right to use the designation ' 'Registered Industrial Accountant'' and may use after his name the initials R.l.A., indicating that he is a Registered Industrial Accountant.

(2) Every person taking or using the designation ' 'Registered Industrial Accountant" or the initials "R.I.A." or any name, title or description implying that he is a member of the Society, unless authorized so to do, shall be guilty of an offence and shall upon

summary conviction be liable to a fine not exceeding $25.00 for each offence.

Section 11 is repealed and the following is substituted: 11(1) Subject to determination of Council, every registered or certified member of the Society shall have the right to use the designation "Registered Industrial Accountant" or "Certified Management Accountant" as the case may be and may use after his name the initials "R.I.A." or "CM.A." indicating that he is a Registered Industrial Accountant or Certified Management Accountant.

(2) Every person taking or using the designation "Registered Industrial Accountant" or the initials "R.I.A." or "Certified Management Accountant" or the initials "C.M.A." or any other name, title or description for the purpose of representing himself as a member of the Society, unless authorized by the Society to do so, is guilty of an offence and liable on

summary conviction to a fine not exceeding $25. In accordance with

section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent. Title: 1983 (20th, 1st) Bill Pr2, Society of Management Accountants of Alberta Amendment Act, 1983