Authorised Training Principal regulations
Effective from 29 May 2014.
A person shall be approved as an Authorised Training Principal only if and so long as only if and so long as they initially and periodically thereafter satisfy the Committee that they can provide appropriate supervision of the provisional member's practical experience and such other requirements as the Committee may from time-to-time determine.
Subject to regulation 3, the Authorised Training Principal shall:
The Committee may in its absolute discretion permit an individual who does not meet the criterion in 2(a) to be an Authorised Training Principal if it considers they have sufficient experience and seniority to discharge the responsibilities of an Authorised Training Principal and meets the requirements of regulations 2(b-d).
The Committee shall:
Change in circumstances
An Authorised Training Principal shall notify the Learning and Professional Development department of ICAEW in writing of any material change in his situation or that of the organisation in which a provisional member, for whose training they have or will have responsibility, is or is expected to be employed which may affect its ability to meet the Training Standards referred to in regulation 2(c).
The Committee satisfy itself following notification of changes pursuant to regulation 5 that an Authorised Training Principal can continue to satisfy the requirements of regulation 1.
An Authorised Training Principal shall promptly notify ICAEW of the following occurrences and shall provide such information relating thereto as the Committee may require in respect of provisional members for whose training they have responsibility:
Where an Authorised Training Principal or provisional member for whose training the Authorised Training Principal has responsibility has been the subject of an order under Disciplinary Bye-laws 16 or 22 or under the Insolvency Regulations, Audit Regulations or Designated Professional Body Handbook the matter shall be referred to the Committee which shall decide whether or not to take further action under regulation 6.
Status of adverse decisions pending appeal
An adverse decision made under regulations 3 - 6 or 9, shall remain in abeyance until:
Training Agreement/Period of Approved Training
The training agreement shall contain mandatory clauses at the insistence of ICAEW which may not be altered or removed save with the consent of the Committee.
A training agreement shall be executed on or before the date on which approved training is to commence.
ICAEW may at any time request a copy of the training agreement between the provisional member and the Authorised Training Principal and the Authorised Training Principal must provide such copy within 15 working days.
A provisional member based within the UK shall become a member of a Chartered Accountant Students' Society at the start of the training agreement and shall remain a member through approved training and until eligible for membership.
|14.||Subject as hearing provided:
A training agreement shall be cancelled in the following circumstances
A training agreement shall be automatically cancelled:
No period at an Authorised Training Principal or other approved training environment in which the provisional member received fewer than 65 days practical work experience shall count as approved training.
A provisional member whose previous training agreement was cancelled under regulation 15 or was automatically cancelled under regulation 16(a) shall normally be permitted to enter a further training agreement or period of approved training provided:
save that the Committee may waive this regulation in such circumstances as the Committee, in its absolute discretion, considers to be acceptable.
A provisional member whose previous training agreement or period of approved training was automatically cancelled under regulation 16(c) or under the Authorised Training Employer Regulations shall not be permitted to enter a further training agreement.
A provisional member who resumes approved training under regulation 18 shall, subject to regulation 21, complete a further period of approved training which, when combined with the provisional member's previous period(s) of approved training, shall satisfy the requirements of regulations 3, 4, and 8 of the ACA Student Regulations.
If there has been a period of more than two years in aggregate since the provisional member first commenced approved training in which:
the provisional member will be required to complete such additional period of approved training under a training agreement and with such practical work experience as the Committee shall from time-to-time determine.
Powers of variation
|22.||The Committee shall have the power to vary or waive these regulations.|