Tue, Jun 11, 2013 - Page 1 News List

Accounting Act task force established

AUDIT THE ACT:An amendment that left professors liable for money spent on research while excusing officials spending taxpayers’ money on hostess bars sparked an outcry

By Shih Hsiu-chuan and Chris Wang  /  Staff reporters

Cheng said the task force would prepare an amendment, but the Executive Yuan would not launch an initiative to push it through the legislature.

“It would be a counter-proposal when the legislature launches an amendment,” she said.

In the legislature, party caucus whips yesterday agreed that the proposal would be the first item to be dealt with on Thursday, the first day of a two-week extra session.

After a cross-party negotiation meeting with party caucus whips, Legislative Speaker Wang Jin-pyng (王金平) said the legislature is expected to vote in favor of the reconsideration proposal to nullify the amendment.

Asked whether there would be any renewed attempts by lawmakers to revise the Accounting Act, Wang declined to comment.

“Let’s go back to the start first. As for whether the legislature revises the Accounting Act again, it is something to be talked about in the future,” Wang said.

Consensus was reached by party whips yesterday to hold discussions among all legislators on Thursday morning, when the legislative agenda of the extra session is to be determined.

It will be held in the morning before a Procedural Committee meeting at noon and a vote on the Executive Yuan’s veto of the controversial amendment to the Accounting Act in the afternoon.

However, the parties asked the Legislative Research Bureau to study the potential conflict between the Executive Yuan’s veto and the DPP caucus’ proposal for a reconsideration, which has never happened before.

Legislators would also like to know whether legislation can be reconsidered after passing a third reading in the last plenary session and being sent to the Presidential Office for promulgation.

Wang said the Accounting Act “is now back to its status before it was amended” and it would not be necessary for Jiang to report to the legislature again, but Jiang was invited to brief the legislature on Thursday about the 12-year compulsory education policy.

Compulsory education is expected to be among several major issues on the agenda of the extra session, which is likely to also include proposals on the use of nuclear power, the capital gains tax on securities transactions and pension reform.

Separately, Yen Ching-piao issued a statement via his son Yen Kuan-hen (顏寬恒), who was elected to replace him as legislator, saying that he was sorry for the furor caused by the passage of the amendment.

Yen Ching-piao said he would refrain from participating in politics or running for public office once he is released from prison.

The politician, who is also chairman of the Jenn Lann Temple (鎮瀾宮) in Greater Tai-chung’s Dajia District (大甲), one of the nation’s best-known Matsu temples, said he would devote the rest of his life to serving Matsu.

This story has been viewed 1433 times.
TOP top