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12227 and of currently valid permits issued under section 12251. | One member must hold a certificate issued under section 12239 and a | currently valid permit issued under section 12251 and must have | had, as a principal occupation, active practice as a noncertified | public accountant for at least the 5 preceding years.One member | Two members of the board must be a representative | | of the public. Appointments are for 3-year terms. Appointments of | | members must comply with section 60. The Governor may remove a | | member of the board for cause. |
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| | | Sec. 4. 32 MRSA §12228, sub-§3, as amended by PL 1997, c. 265, §2, is | | further amended to read: |
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| | | 3. Education requirement. The education requirement for a | certificate, which must be met before an applicant is eligible to | apply | | examination prescribed in subsection 4, is as follows: |
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| | | A. During the 5-year period immediately following October | | 1, 1997, a baccalaureate degree or its equivalent conferred | by a college or university acceptable to the board; and |
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| | | B. After October 1, 2002, at least 150 semester hours of | | education, including a minimum 4-year baccalaureate or | | higher degree conferred by a college or university | | acceptable to the board, the total educational program to | | include basic courses in accounting and auditing determined | | to be appropriate under board rules. Rules adopted by the | | board pursuant to this paragraph are routine technical rules | as defined in Title 5, chapter 375, subchapter II-A. |
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| | | C.__An examination applicant who expects to meet the | | education requirement within 120 days following the | | examination is eligible to take the examination.__Grades may | | not be released, nor may credit for the examination or any | | part of the examination be given to the applicant unless the | | education requirement is completed within 120 days following | | the examination or within such time as the board in its sole | | discretion may determine. |
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| | | Sec. 5. 32 MRSA §12228, sub-§4, as amended by PL 1997, c. 265, §3, is | | further amended to read: |
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| | | 4. Examination; administration. The examination to be passed | | as a condition for the granting of a certificate must be in | | writing or in electronic form, must be held twice a year and must | | test the applicant's knowledge of the subjects of accounting and | | auditing and such other related subjects as the board may specify | | by rule. Rules adopted pursuant to this section are routine | technical rules as defined in the Maine Administrative Procedure | Act, | | the examination must be fixed by the board and may be |
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