Be it  enacted by the Senate and House of Representatives of the Philippines in Legislature assembled and  by the authority  of the same:

SECTION  1. Subsection (b) of section four of Act Numbered Thirty-one hundred and five, as amended by Act Numbered  Thirty-two hundred and  sixty-four,  is hereby  further amended to read as follows:

"(b) Applicants  for certificates,  before taking the examination, must produce evidence satisfactory to the Board that they are over twenty-one  years of age, of good moral character, a graduate of a high  school with a four years course, or have an equivalent education, and that they  have had at least three years'  practical experience  as professional public accountants, or five years' practical experience in accounting, or three years  of study in accounting and commercial  subject as  certified by  a college or university recognized  by  the Government."

SEC. 2. Section twelve of Act Numbered Thirty-one hundred and five, as amended by Act  Numbered Thirty-two hundred  and sixty-four, is hereby amended to read  as follows:

"SEC. 12.  All public accountants who have not qualified as certified public accountants and who have been in continuous practice in the Philippines for  their account as individuals or as  senior accountants for any firm of public accountants for a  period of one year immediately preceding the passage of this Act and who shall satisfy the Board as to their good moral character and professional experience,  shall be allowed to practice as public accountants and to be styled as such, and to use  the  title of certified public accountants, or the abbreviation 'C. P. A.' provided that application for their registration, shall be filed with the Board within sixty days after the passage of this Act."

SEC.  3. The  time for filing application for registration; by public accountants, as provided  in section  twelve of Act Numbered Thirty-one hundred and five, as amended  by section one  of Act   Numbered  Thirty-two  hundred and sixty-four, is  hereby  extended to  another  period  of six months, beginning with the publication of this  Act in the Official Gazette.

SEC.  4. This Act shall take effect upon its approval.

Approved, December 2,  1926.