Generally, the principal will allow a registered student sitting the MICPA examinations study leave on the following basis:
Professional Stage Examination
I. 5 working days or 1 calendar week per paper for the first attempt II. 3 working days per paper for the second attempt III. 2 working days per paper for the third attempt Provided that the total leave granted to a student shall not exceed 6 calendar weeks for any one examination sitting and not exceed 8 calendar weeks in any period of 12 months between examinations.
Advanced Stage Examination
Modules C, D & E I. 5 working days or 1 calendar week per module for the first attempt II. 3 working days per module for the second attempt III. 2 working days per module for the third attempt
Module F I. 10 working days or 2 calendar weeks per module for the first attempt II. 5 working days or 1 calendar week per module for the second attempt III. 3 working days per module for the third attempt Provided that the total leave granted to a student shall not exceed 4 calendar weeks for any one examination sitting and not exceed 6 calendar weeks in any period of 12 months between examinations.
Referred Paper
5 working days or 1 calendar week shall be allowed for a referred paper in the Professional Stage Examination. In calculating the total leave taken during a period of 12 months, leave granted for referred papers shall not rank.
Leave for the fourth and subsequent attempts of the examinations shall be at the sole discretion of the principal. The principal may also, at his own discretion, grant more study leave to the student than the minimum recommended above.
(Note: For the purpose of calculating the duration of study leave, a public holiday which falls on a working day shall be taken into account as a leave day.)
