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(b) where an appeal against the decision is made to the High Court under subsection (7), until the appeal has been determined or withdrawn.

(6) While any public accountant remains suspended under subsection (1)(b)(ii), he shall be deemed not to be registered as a public accountant under this Act but immediately upon the expiry of his period of suspension, his rights and privileges as a public accountant shall forthwith be revived.

(7) Any public accountant who is aggrieved by a decision of the Oversight Committee to take action under subsection (1)(b) may appeal to the High Court within a period of 30 days (or such further period as the Oversight Committee may allow on application in any particular case) after the service of the Oversight Committee’s decision on the public accountant.

(8) The decision of the High Court on appeal under subsection (7) shall be final.

Appointment of Complaints and Disciplinary Panel

39.—(1) For the purpose of enabling Complaints Committees and Disciplinary Committees to be constituted under this Part, the Oversight Committee shall appoint a panel, to be known as the Complaints and Disciplinary Panel, consisting of such number of public accountants and lay persons as the Oversight Committee thinks fit.

(2) A member of the Complaints and Disciplinary Panel shall be appointed for a term of 2 years and shall be eligible for reappointment.

(3) The Registrar shall be the Chairman of the Complaints and Disciplinary Panel.

(4) The Oversight Committee may at any time remove from office any member of the Complaints and Disciplinary Panel or fill any vacancy in its membership.