The Cost Accountants Act, 1959
Central · 1959
- S. 1Short title, extent and commencement.
- S. 2Definitions and interpretation.
- S. 3Incorporation of the Institute.
- S. 4Entry of names in the Register of members.
- S. 5Fellows and Associates.
- S. 6Certificate of practice.
- S. 7Members to be known as cost accountants.
- S. 8Disabilities.
- S. 9Constitution of the Council of the Institute.
- S. 10Re-election or re-nomination to Council.
- S. 10ASettlement of disputes regarding election.
- S. 10BEstablishment of Tribunal.
- S. 11Nomination in default of election.
- S. 12President and Vice-president.
- S. 13Resignation of membership and casual vacancies.
- S. 14Duration and dissolution of Council.
- S. 15Functions of the Council.
- S. 15AFunctions of Institute.
- S. 15BImparting education by Universities and other bodies.
- S. 16Officers and employees, salary, allowances, etc.
- S. 17Committees of the Council.
- S. 18Finances of the Council.
- S. 19Register of members.
- S. 20Removal from the Register of members.
- S. 21Disciplinary Directorate.
- S. 21ABoard of Discipline.
- S. 21BDisciplinary Committee.
- S. 21CAuthority, Disciplinary Committee, Board of Discipline and Director (Discipline) to have powers of civil court.
- S. 21DTransitional provisions.
- S. 22Professional or other misconduct defined.
- S. 22AConstitution of Appellate Authority.
- S. 22BTerm of office of members of Authority.
- S. 22CProcedure, etc., of Authority.
- S. 22DOfficers and other staff of Authority.
- S. 22EAppeal to Authority.
- S. 23Constitution and functions of Regional Councils.
- S. 24Penalty for falsely claiming to be a member, etc.
- S. 25Penalty for using name of the Council, awarding degrees of cost accountancy, etc.
- S. 26Companies not to engage in cost accountancy.
- S. 27Unqualified persons not to sign documents.
- S. 28Offences by companies.
- S. 29Sanction to prosecute.
- S. 29AEstablishment of Quality Review Board.
- S. 29BFunctions of Board.
- S. 29CProcedure of Board.
- S. 29DTerms and conditions of service of Chairperson and members of Board and its expenditure.
- S. 30Dissolution of the Institute of Cost and Works Accountants registered under the Companies Act, 1956.
- S. 31Transfer of assets and liabilities of the dissolved company to the Institute.
- S. 32Provisions respecting employees of the dissolved company.
- S. 33Omitted.
- S. 34Alteration in the Register and cancellation of certificate.
- S. 35Directions of the Central Government.
- S. 36Protection of action taken in good faith.
- S. 36AMembers, etc., to be public servants.
- S. 37Maintenance of branch offices.
- S. 38Reciprocity.
- S. 38APower of Central Government to make rules
- S. 39Power to make regulations.
- S. 40Rules, regulations and notifications to laid before Parliament.