A CPA who performs transactions under any of the following circumstances shall not accept any mandate to provide auditing or certification services for his/her mandator in respect of the income tax payment affairs:
1. Where he/she is presently retained or employed by the mandator to perform regular work for and receives fixed salary from the mandator;
2. Where he/her was a member of staff or employee of the mandator, and has separated from the mandator for a period of less than two (2) years;
3. Where he/she has a relationship with the responsible person or manager of the mandator in terms of spouse, a lineal consanguinity, is a linear relative by marriage, or has a collateral consanguinity within the first four degrees; or
4. Where the CPA himself/herself or his/her spouse has an investment or profit-sharing relationship with the mandator.