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Section 15A: Functions of Institute.

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

[15A. Functions of Institute.--The functions of the Institute shall include--

(a) the examination of candidates for enrolment;

(b) the regulation of training of students;

(c) the maintenance and publication of a Register of persons qualified to practice as cost accountants;

[(ca) the maintenance and publication of a Register of firms;]

(d) collection of fees from members, examinees and other persons;

(e) subject to the orders of the appropriate authorities under this Act, the removal of names from the [Register of members and firms and the restoration of names to the Register of members and firms] which have been removed;

(f) the maintenance of a library and publication of books and periodicals relating to accountancy and allied subjects;

(g) the conduct of elections to the Council of the Institute; and

(h) the granting or refusal of certificates of practice as per guidelines issued by the Council.]

Where this provision sits

ActThe Cost Accountants Act, 1959
Section15A
Marginal noteFunctions of Institute.
JurisdictionCentral
StatusIn 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.

  • inserted, Act 7 of 2006. . Ins. by Act 7 of 2006, s. 13 (w.e.f. 17-11-2006).
  • inserted, Act 12 of 2022. . Ins. by Act 12 of 2022, s. 50 (w.e.f. 10-5-2022).
  • substituted. . Subs. by s. 50, ibid., for “Register and the restoration to the Register of names” (w.e.f. 10-5-2022).

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