(a) For the purpose of this section, a permit shall be obtained whether or not the public accounting practice is:
(1) One of continuation from the prior year;
(2) One to be entered into for the first time; or
(3) One to be resumed after causing to lapse the permit to practice of the prior year or prior years.
(b) For a 1987 permit, an applicant shall file an application prior to the commencement date of the applicant’s public practice. For a permit to practice public accountancy for the year 1988 and each biennium thereafter, the applicant shall file an application, on a form prescribed by the board, at least 30 days prior to the date on which the permit shall become effective;History: Rule 3-88, eff 18 Apr 88.