Cost And Works Accountants Act, 1959

Section - 1 - Short title, extent and commencement

Section - 2 - Definitions and interpretation

Section - 3 - Incorporation of the Institute

Section - 4 - Entry of names in the 20[Register of members].

Section - 5 - Fellows and Associates

Section - 6 - Certificate of practice

Section - 7 - Members to be known as cost accountants

Section - 8 - Disabilities

Section - 9 - Constitution of the Council of Institute

Section - 10 - Re-election or re-nomination to Council

Section - 10A - Settlement of disputes regarding election

Section - 10B - Establishment of Tribunal

Section - 11 - Nomination in default of election

Section - 12 - President and Vice-President

Section - 13 - Resignation of membership and casual vacancies

Section - 14 - Duration and dissolution of Council

Section - 15 - Functions of Council

Section - 15A - Functions of Institute

Section - 15B - Imparting education by Universities and other bodies

Section - 16 - Officers and employees, salary, allowances, etc

Section - 17 - Committees of the Council

Section - 18 - Finances of the Council

Section - 19 - Register of members

Section - 20 - Removal from the 88[Register of members].

Section - 20A - Registration of firms

Section - 20B - Register of firms

Section - 20C - Removal from Register of firms

Section - 20D - Review before Council

Section - 21 - Disciplinary Directorate

Section - 21A - Board of Discipline

Section - 21B - Disciplinary Committee

Section - 21C - Authority, Disciplinary Committee, Board of Discipline and Director (Discipline) to have powers of civil court

Section - 21D - Transitional provisions

Section - 22 - Professional or other misconduct defined

Section - 22A - Constitution of Appellate Authority

Section - 22B - Term of office of members of Authority

Section - 22C - Procedure, etc., of Authority

Section - 22D - Officers and other Staff of Authority

Section - 22E - Appeal to Authority

Section - 23 - Constitution and functions of Regional Councils

Section - 24 - Penalty for falsely claiming to be a member, etc

Section - 25 - Penalty for using name of the Council, awarding degrees of cost accountancy, etc

Section - 26 - Companies not to engage in cost accountancy

Section - 27 - Unqualified persons not to sign documents

Section - 28 - Offences by companies

Section - 29 - Sanction to prosecute

Section - 29A - Establishment of Quality Review Board

Section - 29B - Functions of Board

Section - 29C - Procedure of Board

Section - 29D - Terms and conditions of service of Chairperson and members of Board and its expenditure

Section - 30 - Dissolution of the Institute of Cost and Works Accountants registered under the Companies Act, 1956

Section - 31 - Transfer of assets and liabilities of the dissolved company to the Institute

Section - 32 - Provisions respecting employees of the dissolved company

Section - 33 - Appeals

Section - 34 - Co-ordination Committee

Section - 35 - Directions of the Central Government

Section - 36 - Protection of action taken in good faith

Section - 36A - Members, etc., to be public servants

Section - 37 - Maintenance of branch offices

Section - 38 - Reciprocity

Section - 38A - Power of Central Government to make rules

Section - 39 - Power to make regulations

Section - 40 - Rules, regulations and notifications to be laid before Parliament

First Schedule - PROFESSIONAL MISCONDUCT IN RELATION TO COST ACCOUNTANTS IN PRACTICE

Second Schedule - PROFESSIONAL MISCONDUCT IN RELATION TO COST ACCOUNTANTS IN PRACTICE

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