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Business Management · PDF

Chan Hui Peng: The 2006 Penalty and Half-Cost Order

The notice distinguishes a S$3,000 penalty from S$876.70 representing half the Inquiry Committee hearing costs.

Source checked · 11 October 2026 Dated regulatory notice

Penalty and Apportioned Hearing Costs

On 16 May 2006 PAOC ordered Chan Hui Peng to pay a S$3,000 penalty and S$876.70 to ACRA, the latter being half the costs and expenses incidental to the Inquiry Committee hearing. The notice does not say the costs figure represents the entire hearing cost.

Identity of This Notice

Gazette notice 1642 under the Accountants Act, Chapter 2, was first published on 3 July 2006 at 5 pm. It does not give the misconduct reasons. This 2006 order is separate from the 2004 notice about the same named accountant.

Official Source

This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.

Read the Official PDF ↗
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