The Cost Accountants Act, 1959Central Act · Act 23 of 1959
(1) The duration of any Council constituted under this Act shall be [four years] from the date of its first meeting.
(2) Notwithstanding the expiration of the duration of a Council (hereinafter referred to as the former Council), the former Council shall continue to exercise its functions under this Act until a new Council is constituted in accordance with the provisions of this Act, and on such constitution, the former Council shall stand dissolved.