Generally the principal will allow a registered student sitting the MICPA examinations study leave on the following basis:

Professional Stage Examination

• 5 working days or 1 calendar week per paper for the first attempt;
• 3 working days per paper for the second attempt;
• 2 working days per paper for the third attempt;

Advanced Stage Examination

• 5 working days or 1 calendar week per module for the first attempt;
• 3 working days per module for the second attempt;
• 2 working days per module for the third attempt.

The total leave granted to a student shall not exceed 6 calendar weeks in any period of 12 months between examinations.

(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.)