The Architects Registration Board (ARB) is the statutory body for the registration of architects in the United Kingdom. It operates under the Architects Act 1997 as amended, a consolidating Act. It began under the Architects (Registration) Act, 1931 which gave it the name the Architects' Registration Council of the United Kingdom (ARCUK). It prescribes architectural qualifications, maintains the Register of Architects and for registered persons has certain responsibilities for standards of professional conduct and competence. Its main source of income is fees payable under Part II of the Act by persons on their becoming registered or for their retention on the Register. The Board is required to pay into the Consolidated Fund of the United Kingdom any sum paid under a penalty order which its Professional Conduct Committee has made under Part III of the Act (in conduct cases). Fines imposed by Magistrates' Court (England and Wales) (or similar in Scotland or Northern Ireland) under Part IV of the Act (in misuse of title cases) are not payable to the Board.
In the Board's Annual Report for the year 2011 Reserves were stated as Surplus for the year £186,621 and Balance (net assets) at 31 December 2011 as £1,757,901.
Surpluses are not distributable to the Board members or to registered persons by way of dividend or otherwise.
Read more about Architects Registration Board: Registration, "Discipline" in The Architects Act 1997 (as Amended), Professional Conduct Committee of The ARB, Judicial Precedent, The Decisive Issues Concerning The Legislation For The Register of Architects, Inspection of The Register, Income, Board Members' Allowances
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