Marvin Mandel, Governor                          1279

3.

(c)    The requirement for college education in [subsection] sub-
sections (a) and (b) of this section shall not apply to any person
otherwise qualified under Sec. 2 (a) (1) to (4), inclusive of this
section who prior to July 1, 1970, shall have taken an examination
under the laws of this State then or formerly in effect, or whose
application to take such examination shall have been accepted by the
Board.

4.

(d)    Credit on subject passed; reexaminations.—The Board may
by regulation prescribe the terms and conditions under which if at
all a candidate who passes the examination in one or more of the
subjects may be given credit [therefore] therefor and be reexamined
in only the remaining subjects. It may also provide by regulation
for a reasonable waiting period, and for additional preparation and
other conditions for a candidate's reexamination in subjects he has
failed. Subject to the foregoing a candidate shall be entitled to any
number of reexaminations.

12.

(a) After written notice and reasonable opportunity for a hear-
ing as provided in Sec. 13 the Board may revoke, suspend for not
more than three years, or refuse to grant or renew, any certificate,
registration or enrollment to practice of any person, partnership or
corporation issued or issuable under this or any previous law, or
may censure the holder thereof, for any one or combination of the
following causes:

(1)    Fraud or deceit in obtaining or applying for any such certifi-
cate, registration or enrollment;

(2)    Violation of a rule of professional conduct promulgated by
the Board under the authority granted by this article.

(3)    Dishonesty, fraud or gross negligence in the practice of
public accounting.

(4)    Conviction of a felony, or of any crime an element of which
is dishonesty or fraud under laws of any state or of the United
States. For the purpose of this subsection a plea of nolo contendere
accepted by a court shall be considered a conviction.

(5)    Violation of any provision of Sec. 14 of this article.

(6)    Revocation, suspension or refusal to renew authority to prac-
tice public accounting in any other state for any cause except
failure to pay an annual fee; or suspension or revocation of the
right to practice before any state or federal agency.

(7)    Failure to become a citizen of the United States within six
years by any person not a citizen of the United States when he or
she received a certificate as a certified public accountant under this
article.

(8)    In the case of a partnership or corporation, any of the causes
enumerated above; and in addition, failure or cessation of the part-
nership or corporation to have all of the qualifications prescribed in