There will be payable to the Institute in the amounts determined by Council from time to time:

1. a student registration fee;
   
2. a membership admission fee;
   
3. an annual membership fee;
   
4. an annual membership fee on behalf of the CICA;
   
5. from members employing students, an annual fee for each student;
   
6. an annual student fee;
   
7. from members having a proprietary interest in a practicing office of a sole proprietorship or firm, an annual assessment consisting of:
   
   1. a practice licence fee;
      
   2. a special practice review assessment based on the numbers of practicing members at the practicing office, each of whom is either a sole proprietor or a partner of the firm; and
      
   3. an assessment based on the number of practicing members at the practicing office who are members of the CICA;
      
8. from members having a proprietary interest in a practicing office of a sole proprietorship or firm, an annual firm assessment based upon the number of members and students of other Canadian professional accounting bodies at the practicing office;
   
9. an evaluation fee to accompany an application for a practice licence; and
   
10. a fee for follow-up reviews and reissuing of a practice licence.

Subject to Regulation Y250/1.1, the following minimum levels of professional liability insurance are required to be carried with a recognized insurance company by members practicing public accounting, either full or part-time, either incorporated or unincorporated:

The following minimum levels of professional liability insurance are required to be carried with a recognized insurance company by members practicing public accounting, either full or part-time, either incorporated or unincorporated, whose professional liability insurance coverage is obtained or renewed on or after April 1, 2005:

Y250/2

Each professional liability insurance contract shall be endorsed with the requirement that the insurance company shall notify the Institute in writing forthwith of:

1. any cancellation or non-renewal of such policy; or
   
   
2. any insurance coverage which is below the minimum coverage required above

Y250/3

Members are required to ensure prior acts are covered by adequate professional liability insurance either through riders to an ongoing insurance policy or a separate discovery policy, for a minimum of six years after ceasing to be in public practice.

The following changes to the Bylaw Regulations shall take effect on April 1, 2006:

1. Regulation Y250/1 shall be replaced with the following:
   
   "The following minimum levels of professional liability insurance are required to be carried with a recognized insurance company by members practicing public accounting, either full or part-time, either incorporated or unincorporated:
   
   

   Firm with		Minimum Coverage
   1 member		$1,000,000
   2 or 3 members		$1,500,000
   4 or more members		$2,000,000

   
   
2. Regulation Y250/1.1 shall be deleted; and
   
   
3. Regulation Y250/5 shall be amended by striking out the words "Regulations Y250/1 and Y250/1.1" and substituting "Regulation Y250/1.1".

Except as otherwise provided in the Bylaws or the Regulations, any decision, determination, notice, order, report, statement or other document to be given or delivered to a member or student pursuant to the Bylaws or the Regulations shall be deemed:

1. to be duly given or delivered:
   
   
   1. if personally delivered or mailed postage pre-paid to the member's or student's address; or
      
      
   2. where the member or student has authorized electronic delivery of materials pursuant to Regulation Y290/2, if sent to the last electronic mail address provided by the member or student to the Registrar; and
      
      
2. to have been effected:
   
   
   1. if personally delivered, on the day of delivery;
      
      
   2. if mailed, on the third day, Saturdays and statutory holidays excepted, following the date of mailing; or
      
      
   3. if sent by electronic mail, on the day it is sent.

An application by a student for admission as a member under Bylaw Y301(i) must be accompanied by

1. certification from the CA School of Business that the student has completed all applicable program, examination, evaluation, and experience requirements referred to in Regulation Y410/1(i); and
   
   
2. certification, in the form required by the BC Institute, that the student has satisfied the mandatory professional development requirement referred to in Regulation Y410/1(ii).
   

[2007]

An application by a member of a Provincial Institute for admission as a member under Bylaw Y301(iii) must be accompanied by certification from the Registrar or other competent officer of that Provincial Institute that the applicant is a member in good standing of that Provincial Institute. [2007]

An application by a member of a professional body outside of Canada and Bermuda for admission as a member under Bylaw Y301(iv) must be accompanied by certification from the Registrar or other competent officer of the foreign professional body that the applicant is a member in good standing of that body. [2007]

The Membership Committee may admit a former member, provided that:

1. the application of the former member satisfies the requirements established by Council;
   
   
2. there has been no previous finding or determination by the Institute or by a Provincial Institute that the former member is incompetent, has committed professional misconduct, or has contravened the Act or Bylaws of the Institute, the Rules of Professional Conduct, or corresponding legislation, bylaws or rules of a Provincial Institute; and
   
   
3. the Membership Committee is satisfied that there is no reason for the application to be reviewed by Council.

Recinded [2003]

An applicant who is a member in good standing of a professional body outside Canada having the same or similar objects as the Institute may submit an application for admission as a member accompanied by a non-refundable application fee prescribed by Council. The Registrar shall furnish the applicant with a ruling as to what courses, examinations, experience or duration of residence in the Yukon shall be required of the applicant or alternatively shall advise the applicant to submit an application for registration as a student. The application fee shall be applied to the admission or student registration fee required.

Council will, upon application, admit as Fellows those members who have been elected Fellows by another Provincial Institute for as long as

1. that Provincial Institute grants a similar right to its members, and
   
   
2. the member retains membership in that Provincial Institute.

The functions and authority of Council in respect of the enrolment of students are delegated to CASB to the extent provided under the “Education Agreement regarding the CA School of Business” dated February 19, 2004 (replacing the previous Education Agreement dated June 17, 2000), as amended from time to time, and in accordance with the terms and conditions of that Agreement, except as may otherwise be determined by Council.  All applications for enrolment as a student of the Institute (including any application by a member of a foreign professional accounting body having a designation that has not been recommended by the International Qualifications Appraisal Board of CICA for exemption from the Uniform Final Examination) must be submitted to CASB in accordance with any requirements established by CASB, unless otherwise prescribed by Council. [2007]

To qualify for admission as a member under Bylaw 301(i), a student must satisfy:

1. all applicable program, examination, evaluation, and experience requirements established under arrangements made between the Institute (or the BC Institute, on the Institute’s behalf) and CASB, or as may otherwise be prescribed by Council; and
   
   
2. the mandatory professional development requirement for students established by the BC Institute, or as may otherwise be prescribed by Council.

The experience requirement under Regulation Y300/1 may only be satisfied in accordance with Bylaw Y412. [2007]

The Membership Committee may, as it thinks fit, extend the time for a student to apply for admission as a member of the Institute under Regulation Y410/3.[2007]

The Chief Executive Officer or the Secretary may make any or all of the materials referred to in Bylaw Y503 available to members by:

1. publishing the materials on the Internet, in a downloadable and printable format, on a World Wide Web site maintained by the Institute; and
   
   
2. notifying all members of the Uniform Resource Locator (i.e. http:// address) for the World Wide Web site, and of any other information reasonably required for members to access the materials, by specifying that information in the notice of meeting delivered pursuant to Bylaw Y502

Members of Council shall cease to hold office on:

1. ceasing to hold the office of President of the Institute;
   
   
2. ceasing to be a member in good standing of the Institute;
   
   
3. delivering a resignation in writing to the Secretary of the Institute;
   
   
4. becoming bankrupt, or making an assignment in bankruptcy or otherwise being declared insolvent; or
   
   
5. being found to be mentally incompetent or becoming of unsound mind.

The nomination of a candidate for election as a member of Council is valid only if:

1. it is in writing, signed by at least two members in good standing;
   
   
2. the member who seeks to be the candidate consents in writing to the nomination; and
   
   
3. the nomination and consent are delivered to the Institute within the time provided by Bylaw Y501.

The ballots for an election of members to Council shall:

1. list the names of candidates alphabetically;
   
   
2. include instructions respecting the completion of the ballot and its delivery to the Institute, which may be by electronic means, if and as authorized by Council; and
   
   
3. be in the form determined by Council. [2003]

A member who votes:

1. shall vote in accordance with the instructions enclosed or published with the ballot; and
   
   
2. may vote for any number of candidates up to the total number to be elected.

Ballots shall be:

1. received by the Secretary before five o'clock in the afternoon of the last business day preceding the day of the annual general meeting;
   
   
2. delivered to the Institute by electronic means, if and as authorized by Council, before five o'clock in the afternoon of the last business day preceding the day of the meeting; or
   
   
3. delivered to the Chair of the meeting before the commencement of the meeting. [2003]

An appointment of proxy shall be in the form approved by Council, and shall be:

1. signed by the member and received by the Secretary before five o'clock in the afternoon of the last business day preceding the day of the annual general meeting;
   
   
2. delivered to the Institute by electronic means, if and as authorized by Council, before five o'clock in the afternoon of the last business day preceding the day of the meeting; or
   
   
3. signed by the member and delivered to the Chair of the meeting before the commencement of the meeting. [2003]

An appointment of proxy may only be revoked:

1. by notice in writing signed by the member and received by the Secretary before five o'clock in the afternoon of the last business day preceding the day of the annual general meeting;
   
   
2. by electronic means, if and as authorized by Council, before five o'clock in the afternoon of the last business day preceding the day of the meeting; or
   
   
3. by notice in writing delivered to the Chair of the meeting before the commencement of the meeting. [2003]

Members shall comply with the standards enunciated in Rule 206 of the Rules of Professional Conduct, which, for greater clarity, include:

1. recommendations set out in the CICA Public Sector Accounting and Auditing Statements;
   
   
2. in the case of clients subject to specific accounting or auditing requirements set by legislation or regulatory authorities, compliance with those requirements; for example, with respect to a law office trust account examination, the member would ensure compliance with the provisions of the Legal Profession Act and the Law Society of Yukon Rules governing trust accounts; and
   
   
3. the CICA Handbook Recommendations, denoted in italic type, shall be considered the minimum standards to be followed by members. In addition to the Recommendations, the Handbook includes background material and suggestions as to other practices which are desirable. Members are strongly encouraged to adhere to those desirable practices

Members shall maintain sufficient documentation in their files to confirm the nature and extent of the work they have performed. At a minimum, members shall maintain the following documentation in their files:

1. for audit and review engagements-
   
   
   1. particulars of the agreement with the client, normally an engagement letter, setting out the services to be provided by the member;
      
      
   2. evidence of matters subjected to enquiry and discussion with the client including, for example, a letter of representation signed by the client;
      
      
   3. a statement of the program of work performed, or a checklist completed with due care. Members are referred to CICA Accounting and Auditing Guidelines for guidance in this matter; and
      
      
   4. appropriate working papers.
      
   
   
2. for compilation engagements-
   
   
   1. particulars of the agreement with the client, normally an engagement letter, setting out the services to be provided by the member; and
      
      
   2. appropriate working papers.

Approved firms, and members referred to in Bylaw Y625(i) who are responsible for the supervision and training of students employed by an approved organization, must maintain records showing, in reasonable detail, the disposition of each student’s time while employed by the approved firm or approved organization, and the type of work performed by the student. [2007]

Y1002/1

Regulations made under Bylaw Y1002 do not apply to any members or category of members exempted by Council under Bylaw Y1003.            [2003]

Y1002/2

Subject to Regulation Y1002/3, every member shall complete a minimum of 120 qualifying hours of continuing professional development in each three-calendar year period (“Period”) starting on January 1, 2008, which shall include a minimum of 20 qualifying hours in each calendar year during the Period. [2007]

Y1002/3

Every person who becomes a member during a Period shall complete a prorated qualifying hour requirement based on a three-year minimum of 120 hours, and the number of full months remaining in the Period after the person becomes a member, which shall include:

1. a prorated minimum number of qualifying hours during the calendar year in which the person becomes a member, based on an annual minimum of 20 hours, and the number of full months remaining in that calendar year after the person becomes a member; and

2. a minimum of 20 qualifying hours in each calendar year during the Period after the one in which the person becomes a member.            [2007]

Y1002/4

A person may not carry qualifying hours from one Period over to the subsequent one. [2003]

Y1002/5

By January 31 of each year, every member shall file a compliance report with respect to the member’s continuing professional development during the previous calendar year. [2007]

Y1011/1

Where the Professional Development Review Committee is appointed under Bylaw Y1010 (i), it shall consist of not less than seven members.            [2009]

Y1011/2

The Professional Development Review Committee:

1. shall determine what courses and activities qualify as formal or informal programs of learning;

2. shall determine the number of qualifying hours required in each course and activity;

3. shall determine what constitutes a qualifying hour of participation in a course or activity;

4. shall determine the compliance report to be filed by members;

5. shall review compliance reports filed by members;

6. may require a member to produce verification of the member’s compliance report; and

7. may report a member’s failure to file a compliance report or to complete the minimum level of continuing professional development prescribed by Council:

   1. to the Professional Conduct Enquiry Committee; or

   2. to Council.