68 (1) The Board may make by-laws necessary or desirable to conduct the business and carry out the objects of the Corporation.  2010, c. 6, Sched. B, s. 68 (1). Same (2) Without limiting the generality of subsection (1), the Board may make by-laws with respect to the following matters: 1. Governing the admission of individuals to membership in the Corporation, including specifying the requirements and qualifications for membership and governing applications for membership. 2. Governing members of the Corporation as Certified Management Accountants, including establishing standards of practice, governing the imposition of restrictions and conditions on a member’s right to practise as a Certified Management Accountant, establishing classes of members and governing the renewal, suspension and revocation of memberships. 3. Governing the use of terms, titles, initials, designations and descriptions by members of the Corporation and firms practising as Certified Management Accountants, and by individuals for the purposes of paragraph 2 of subsection 26 (2). 4. Governing the nomination and election of members of the Corporation to the Board, including fixing the number of elected members, setting out the qualifications that a member must meet in order to be elected to and serve on the Board and setting out terms of office. 5. Governing the election and appointment of officers of the Corporation and setting out their powers and duties. 6. Establishing the committees required by this Act and any additional committees, governing the names, composition, powers, duties and quorums of the committees, governing the appointment of individuals to the committees, and authorizing and governing the formation of panels of committees. 7. Delegating any of the Board’s powers or duties under this Act to one or more committees or to the Registrar or any other officer of the Corporation, and specifying restrictions or conditions on the delegation. 8. Governing the registration of members of the Corporation as sole proprietorships, including requiring the registration of sole proprietorships, specifying the requirements and qualifications for registration, governing applications for registration and governing the renewal, suspension and revocation of registrations. 9. Governing the registration of entities as firms, including requiring the registration of firms, specifying additional entities that may register as a firm, specifying the requirements and qualifications for registration, governing applications for registration and governing the renewal, suspension and revocation of registrations. 10. Governing firms as Certified Management Accountants, including establishing standards of practice, governing the imposition of restrictions and conditions on a firm’s practice, governing the names of firms, governing firms that are limited liability partnerships and, in the case of a firm that is a corporation, requiring notification of a change in the shareholders of the corporation and specifying the time and manner of the notification. 11. Respecting any person, partnership or other entity that, in addition to practising as a Certified Management Accountant, also practises another profession or provides other services, including requiring that the persons, partnerships and other entities be registered to engage in such activities, governing the registrations and their renewal, suspension and revocation and governing the restrictions and conditions that may be imposed on the registered persons, partnerships and other entities. 12. Governing the resignation of members of the Corporation. 13. Governing the reinstatement or readmission of individuals who have resigned or whose membership is suspended or revoked and firms whose registration is suspended or revoked. 14. Governing the conduct of members of the Corporation and firms as Certified Management Accountants, including, i. establishing a code of ethics, ii. providing for rules of professional conduct, and iii. governing complaints and discipline, including defining professional misconduct for the purposes of this Act and the by-laws, specifying requirements for the making of complaints and specifying orders that may be made under subsection 35 (4). 15. Respecting bankruptcy and insolvency events for the purposes of sections 41 to 43. 16. Governing investigations and practice inspections under this Act, including respecting the payment of the costs of an inspection. 17. Governing continuing education and professional development, including providing for the development or approval of continuing education and professional development programs for members of the Corporation and requiring members to successfully complete or participate in such programs, and governing the provision of professional development and related services to members and to non-members. 18. Governing individuals as students, including, i. requiring the registration of individuals as students, specifying the requirements and qualifications for registration and governing applications for registration, ii. respecting the rights and duties of students, iii. providing for the development or approval of preparatory and qualifying programs, including courses of study, classes, lectures, professional programs, practical experience and mentored practice programs and examinations or evaluations, and requiring students to successfully complete them, and iv. providing that any provision of this Act or the by-laws apply to students with necessary modifications or subject to such modifications as may be specified by the by-laws. 19. Governing the registration of individuals and entities as associates, including specifying the requirements and qualifications for registration and governing applications for registration, governing the rights and duties of associates and governing the renewal, suspension and revocation of registrations. 20. Respecting the minimum requirements for professional liability insurance that must be carried by members of the Corporation and by firms. 21. Establishing and governing the payment of fees and other amounts that must be paid to the Corporation and exempting any class of individual or entity from all or part of any fee or amount. 22. Respecting matters of procedure for any meeting, process or proceeding under this Act, including providing for procedural rules for proceedings before committees under this Act. 23. Providing for the training and recognition of specialists. 24. Providing for the affiliation of the Corporation with a university, college, school, corporation or other entity that supports the Corporation’s objects. 25. Governing the participation of the Corporation in the establishment and maintenance of foundations or other entities whose work supports the Corporation’s objects, including providing for the payment of funds by the Corporation to such a foundation or other entity. 26. Providing for the making of grants or donations by the Corporation to any individual or entity for any purpose that may tend to advance accounting and business knowledge and education, improve standards of practice in accounting and business, or support or encourage public information about and interest in the past and present roles of Certified Management Accountants and the accounting profession in society. 27. Governing the retention and destruction of information and documents in the possession of the Corporation or any officer of the Corporation, the Board or any committee. 28. Respecting any matter that this Act refers to as a matter that the by-laws may specify, set out, determine or otherwise deal with. 29. Addressing any transitional issues that arise from the repeal of the Society of Management Accountants of Ontario Act, 1941.  2010, c. 6, Sched. B, s. 68 (2). Same, public accounting (3) Without limiting the generality of subsection (1), the Board may make by-laws with respect to the following matters: 1. Governing matters relating to meeting and maintaining the standards that the Corporation, as a designated body within the meaning of the Public Accounting Act, 2004, is required to meet and maintain in order to be authorized to license and govern the activities of its members as public accountants under that Act. 2. Governing matters relating to the licensing and governance of members of the Corporation as public accountants, as permitted by the Public Accounting Act, 2004. 3. Governing matters relating to the practice, through a professional corporation, of public accounting by members of the Corporation who are licensed under the Public Accounting Act, 2004 as public accountants, as permitted by that Act. 4. Providing that any provision of this Act or the by-laws apply, with necessary modifications or subject to such modifications as may be specified by the by-laws, with respect to, i. members of the Corporation who are licensed by the Corporation under the Public Accounting Act, 2004 as public accountants, or ii. professional corporations as defined in the Public Accounting Act, 2004, established by one or more members of the Corporation who are licensed by the Corporation under that Act as public accountants, that hold a valid certificate of authorization under that Act to practise as public accountants.  2010, c. 6, Sched. B, s. 68 (3). Limitation (4) Despite section 69, a by-law made under paragraph 2, 3 or 4 of subsection (3) is of no effect unless the Corporation is authorized under the Public Accounting Act, 2004 to license and govern the activities of its members as public accountants.  2010, c. 6, Sched. B, s. 68 (4). General or particular (5) A by-law made under this section may be general or particular in its application.  2010, c. 6, Sched. B, s. 68 (5). Publicly available (6) The Board shall ensure that every by-law made under this section is available to the public for as long as it remains in effect.  2010, c. 6, Sched. B, s. 68 (6).