NEW JERSEY REGISTER
VOLUME 34, NUMBER 9
MONDAY, MAY 6, 2002
RULE
ADOPTION
LAW AND PUBLIC SAFETY
DIVISION OF CONSUMER AFFAIRS
NEW
JERSEY STATE BOARD OF ACCOUNTANCY
License Requirements; Renewals; Suspended License; Reinstatement
Adopted
Amendments: N.J.A.C. 13:29-1.11 and 2.3
Proposed:
August 6, 2001 at 33 N.J.R. 2594(a).
Adopted:
November 15, 2001 by the New Jersey State Board of Accountancy,
Robert H. Sommer, President.
Filed: March
28, 2002 as R.2002 d.127, without change.
Authority:
N.J.S.A. 45:1-7, 45:2B-48 and 45:1-15.1.
Effective
Date: May 6, 2002.
Expiration Date: May 1, 2005.
Summary
of Public Comment and Agency Response:
No comments
were received.
Federal
Standards Statement
A Federal
standards analysis is not required because the adopted amendments
are governed by N.J.S.A. 45:1-1 et seq., and are not subject to
any Federal standards or requirements.
Full text
of the adoption follows:
<<
NJ ADC 13:29-1.11 >>
13:29-1.11
Licensee requirements; renewal; suspended license; reinstatement
(a)-(b)
(No change.)
(c) A Certified
Public Accountant shall renew his or her license for a period of
three years from the last expiration date. The licensee shall remit
a renewal application to the Board, along with the renewal fee set
forth in N.J.A.C. 13:29-1.13, prior to the date of license expiration.
A licensee who submits a renewal application within 30 days following
the date of license expiration shall submit the renewal fee, as
well as the late fee set forth in N.J.A.C. 13:29-1.13. A licensee
who fails to submit a renewal application within 30 days of the
date of license expiration shall have his or her license suspended
without a hearing.
(d) A licensee
who continues to engage in the practice of accountancy with a suspended
license shall be deemed to be engaging in the unauthorized practice
of accountancy and shall be subject to the penalties set forth in
N.J.S.A. 45:1-25 et seq.
(e) A licensee
who has had his or her license suspended pursuant to (c) above may
apply to the Board for reinstatement within five years following
the date of license expiration. A licensee applying for reinstatement
shall submit a renewal application, all past delinquent renewal
fees and the reinstatement fee set forth in N.J.A.C. 13:29-1.13,
as well as evidence of having completed all delinquent continuing
professional education credit hours consistent with the requirements
set forth in N.J.A.C. 13:29-6.2(c).
<<
NJ ADC 13:29-2.3 >>
13:29-2.3
Licensee requirements; renewal; suspended license; reinstatement
(a) Applicants
who satisfy the requirements of this subchapter shall pay the initial
license fee set forth in N.J.A.C. 13:29-1.13.
(b) Applicants
granted a license pursuant to this subchapter shall comply with
the Rules of Professional Conduct set forth in N.J.A.C. 13:29-3.
(c) The
holder of a Registered Municipal Accountant's license shall renew
the license for a period of three years from the last expiration
date. A licensee shall remit a renewal application to the Board,
along with the renewal fee set forth in N.J.A.C. 13:29-1.13, prior
to the date of license expiration. A licensee who submits a renewal
application within 30 days following the date of license expiration
shall submit the renewal fee, as well as the late fee set forth
in N.J.A.C. 13:29-1.13. A licensee who fails to submit a renewal
application within 30 days of the date of license expiration shall
have his or her license suspended without a hearing.
(d) A licensee
who continues to practice with a suspended license shall be deemed
to be engaging in unauthorized practice and shall be subject to
the penalties set forth in N.J.S.A. 45:1-25 et seq.
(e) A licensee
who has had his or her license suspended pursuant to (c) above may
apply to the Board for reinstatement within five years following
the date of license expiration. A licensee applying for reinstatement
shall submit a renewal application, all past delinquent renewal
fees and the reinstatement fee set forth in N.J.A.C. 13:29-1.13,
as well as evidence of having completed all delinquent continuing
professional education credit hours consistent with the requirements
set forth in N.J.A.C. 13:29-6.2(c).