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Section 6: Certificate of practice.

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

(1) No member of the Institute shall be entitled to practise, whether in India or elsewhere, unless he has obtained from the Council a certificate of practice.

[(2) Every such member shall make an application in such form, and pay such annual fee, for his certificate as may be determined, by notification, by the Council, *** and such fee shall be payable on or before the 1st day of April in each year:

* * * * *:

[Provided that] if a member of the Institute, who was in practice immediately before the commencement of this Act, has made within one month of such commencement an application for the grant of certificate of practice, he shall not be deemed to have contravened the provisions of sub-section (1) by reason of his having practiced during the period between such commencement and the disposal of the application;]

[(3) The certificate of practice obtained under sub-section (1) may be cancelled by the Council under such circumstances as may be prescribed.]

Where this provision sits

ActThe Cost Accountants Act, 1959
Section6
Marginal noteCertificate of practice.
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.

  • substituted, Act 7 of 2006. . Subs. by Act 7 of 2006, s. 5, for sub-section (2) (w.e.f. 8-8-2006).
  • omitted, Act 12 of 2022. . The words “which shall not exceed rupees three thousand” omitted by Act 12 of 2022, s. 44 (w.e.f. 10-5-2022).
  • omitted. .The proviso omitted by s. 44, ibid. (w.e.f. 10-5-2022).
  • substituted. . Subs. by s. 44, ibid., for “Provided further that” (w.e.f. 10-5-2022).
  • inserted. . Ins. by s. 5, ibid. (w.e.f. 8-8-2006).

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