1444                             Laws of Maryland                        [Ch. 819

regional accrediting agency or by the Department of Education of
the State in which such high school is located, after completion of
courses deemed by the Board or by the Department to be substan-
tially equivalent to the requirements for the issuance of a Maryland
academic or general high school diploma with satifactory electives
as above specified; or the equivalent of a high school education as
determined by the Department under Article 77, Section 211 of
this Code, or any amendments thereof; and

(2)   Graduation from a school, college or university recognized
by the Board as a school of accountancy, after satisfactory com-
pletion of an accounting major approved by the Board; or in the
Board's discretion satisfactory completion at one or more of such
institutions of courses in accounting, law, and accessory subjects
deemed by the Board to be substantially equivalent to such approved
accounting major; or in the alternative to (2).

(3)    At least two years of practical experience in public ac-
counting satisfactory to the Board, or a combination satisfactory
to the Board of such experience and institutional training.

(b) On and after July 1, 1965, the educational or experience re-
quirements shall be:

(1) Satisfactory completion of two years of academic work con-
sisting of not less than 60 semester hours taken at one or more col-
leges or universities accredited or recognized as a standard insti-
tution of college grade by the Department if such institution is lo-
cated in Maryland, or by the Board if such institution is located out-
side of Maryland, whether such work is taken independently or in
conjunction with an accounting major as provided in subsection
(a) (2) of this section; or graduation from a junior college accredited
or recognized as aforesaid; provided in each instance that the ap-
plicant has successfully completed a course of studies which the
Department and the Board shall have deemed appropriate and ade-
quate for the purpose of pre-accountancy education; or the sub-
stantial equivalent thereof as determined by the Department or by

the Board as the case may be; and

(2) Graduation from or completion of an accounting major
equivalent at one or more schools of accounting as provided in
subsection (a) (2) of this section, or compliance with the alter-
native requirement for practical experience in public accounting or
combination of such experience and institutional training as pro-
vided in subsection (a) (3) of this section., OR GRADUATION FROM
THE BOARD AS THE CASE MAY BE; AND GRADUATION
FROM OR COMPLETION OF AN ACCOUNTING MAJOR EQUIV-
ALENT AT ONE OR MORE SCHOOLS OF ACCOUNTANCY AS
PROVIDED IN SUBSECTION (A) (2) OF THIS SECTION, OR
COMPLIANCE WITH THE ALTERNATIVE REQUIREMENT
FOR PRACTICAL EXPERIENCE IN PUBLIC ACCOUNTING OR
COMBINATION OF SUCH EXPERIENCE AND INSTITUTIONAL
TRAINING AS PROVIDED IN SUBSECTION (A) (3) OF THIS
SECTION, OR

(2) GRADUATION FROM OR COMPLETION OF A BUSI-
NESS ADMINISTRATION COURSE CONSISTING OF NOT
LESS THAN 72 SEMESTER HOURS OF STUDY TAKEN