Section 12: President and Vice-president.

The Cost Accountants Act, 1959Central Act · Act 23 of 1959

(1) The Council at its first meeting shall elect two of its members to be respectively the President and the Vice-President thereof, and so often as the office of the President or the Vice-President becomes vacant, the Council shall choose a person to be the President or the Vice-President, as the case may be:

* * * * *.

(2) The President shall be the [Head] of the Council.

(3) The President or the Vice-President shall hold office for a period of one year from the date on which he is chosen but so as not to extend beyond his term of office as a member of the Council, and, subject to his being a member of the Council at the relevant time, he shall be eligible for re-election [under sub-section (1)]:

Provided that [the President and the Vice-President] of the Council at the time of the expiration of its duration shall continue to hold office until a new Council is constituted in accordance with the provisions of this Act.

Where this provision sits

Act	The Cost Accountants Act, 1959
Section	12
Marginal note	President and Vice-president.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

omitted, Act 12 of 2022. . The proviso omitted by Act 12 of 2022, s. 47 (w.e.f. 10-5-2022).
substituted. . Subs. by s. 7, ibid., for "Chief Executive Authority" (w.e.f. 8-8-2006).
inserted. . Ins. by s. 9, ibid. (w.e.f. 8-8-2006).
substituted. . Subs. by s. 9, ibid., for "the President" (w.e.f. 8-8-2006).

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