Paragraph 3 “Appropriate qualification”F1

it is a professional qualification in accountancy,

it is obtained from a body established in the United Kingdom (whether a body corporate or an unincorporated association), and

it meets, or the Secretary of State thinks that it meets, specified requirements.

provide for the making (by the Secretary or State or otherwise) of an order (a “recognition order”) recognising a qualification;

make provision about applications for a recognition order;

provide for the giving of directions or imposition of requirements in connection with such applications;

make provision about the circumstances in which the making of a recognition order may or must be refused;

make provision about the steps to be taken on making or refusing to make a recognition order;

provide for a recognition order to be revoked by a further order (a “revocation order”);

make provision about the circumstances in which a revocation order may or must be made;

make provision about the date on which a revocation order may or must take effect;

provide for a revocation order to contain transitional provision;

make provision about the steps to be taken by the person making a revocation order before or on making it.

the persons to whom the qualification is open;

the course of instruction undertaken by persons to whom the qualification is awarded;

the professional experience of such persons;

the examinations passed by such persons;

the practical training undertaken by such persons;

the rules and arrangements of the body offering the qualification for ensuring or monitoring compliance with other specified requirements.

provide for exceptions to a specified requirement;

confer power to give or withhold recognition or approval for the purposes of a specified requirement.