GLSC & Company; The Notice of Petition for Declaratory Statement was published in Volume 40, No. 143, of the July 24, 2014, Florida Administrative Register. Petitioner sought the Board’s interpretation of Section 473.3205, Florida Statutes, entitled,...

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Board of Accountancy

RULE NO.:RULE TITLE:

61H1-21.003Commissions or Referral Fees

NOTICE IS HEREBY GIVEN that the Board of Accountancy has issued an order disposing of the petition for declaratory statement filed by GLSC & Company on July 7, 2014. The following is a summary of the agency's disposition of the petition:

The Notice of Petition for Declaratory Statement was published in Volume 40, No. 143, of the July 24, 2014, Florida Administrative Register. Petitioner sought the Board’s interpretation of Section 473.3205, Florida Statutes, entitled, “Commissions or Referral Fees” and Rule 61H1-21.003, F.A.C., entitled, “Commissions or Referral Fees,” and whether incentives offered to firm employees for referrals of new business would constitute prohibited commissions or referral fees. The Board of Accountancy considered the Petition at a duly-noticed public meeting held on August 15, 2014, in Tampa, Florida. The Board in an order, filed on September 16, 2014, declined to answer the question in the petition on the basis that insufficient facts were provided on which to base an answer.

A copy of the Order Disposing of the Petition for Declaratory Statement may be obtained by contacting: Veloria Kelly, Division Director, Board of Accountancy, 240 NW 76th Dr., Suite A, Gainesville, Florida 32607.