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CA amendment rules 2006 amendment in rule 6,8 and 9


 Notice Date : 05 March 2009

Chartered Accountants Procedures of Meetings of Quality Review Board and Terms and Conditions of Service and Allowances of the Chairperson and Members of the Board (Amendment) Rules, 2009 - Amendment in rules 6, 8; substitution of rule 9

 

NOTIFICATION NO. G.S.R. 152(E)

 

DATED 5-3-2009

 

In exercise of the powers conferred by clauses (f) and (g) of sub-section (2) of Section 29A of, read with Section 28C and sub-section (1) of Section 28D of the Chartered Accountants Act, 1949 (38 of 1949), the Central Government hereby amend the Chartered Accountants Procedures of Meeting of Quality Review Board and Terms and Conditions of Service and allowances of the Chairperson and members of the Board Rules, 2006, namely: —

 

1. Short title and commencement. — (1) These rules may be called the Chartered Accountants Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and Allowances of the Chairperson and Members of the Board (Amendment) Rules, 2009.

 

(2) They shall come into force on the date of their publication in the Official Gazette.

 

2. In the Chartered Accountants Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and Allowances of the Chairperson and Members of the Board Rules, 2006,

 

(i) In rule 6 after clause (c) the following proviso shall be added, namely: —

 

"Provided that where the Board does not receive the information called for by it from any Member of the Institute, the Board may request the Institute to obtain the information from the Member and furnish the same to the Board:

 

 Provided further that where the Board does not receive the information called for by it from any company registered under the Companies Act, 1956 (1 of 1956), the Board may request the Central Government in the Ministry of Corporate Affairs for assistance in obtaining the information.";

 

 (ii) In rule 8, in sub-rule (1) after the word "Board" the words "other than the Members nominated by the Central Government" shall be inserted;

 

(iii) for rule 9 the following shall be substituted, namely:—

 

 

 

"9. Travelling and other allowances. — (1) The Chairperson and other Members of the Board, while on tour, shall be entitled to travelling and daily allowances at the rates as follows:

 

(A) By Air

 

(i) Chairperson         -        By Business Class

 

(ii)  Members     -      By Economy Class

 

(B)        By Train              -             AC First Class

 

(C)       The Chairperson and other Members of the Board who are Government servants shall be entitled to travel by the class as admissible to them in their official capacity.

 

(2) Allowances. —(i) The Chairperson and other Members of the Board who are not Government servants and whose place of residence is different from the headquarters of the Institute shall be entitled for reimbursement of lodging expenses subject to maximum of rupees six thousand per day for attending the meeting.

 

 (ii) The Chairperson and other Members of the Board shall be entitled for daily allowance as under:

 

'A' class Cities                                      : Others Cities

 

Rupees one thousand per day                   :  Rupees eight hundred per day

 

 (iii) The Chairperson and other Members of the Board who are Government servants shall be entitled to daily allowances as admissible to them in their official capacity.

 

(iv) The Chairperson and other Members of the Board whose place of residence is the same as the venue of the meeting, for local travels undertaken in connection with the Board functions, shall be provided local conveyance or shall be reimbursed the actual conveyance expenses incurred for travel by taxi including air-conditioned cab and in case they use their own car, rupees ten per kilometer.

 

(v) The experts invited by the Board under rule 6, shall be entitled to travel by economy class if travelling by air and by AC first class if travelling by train and shall be entitled to allowances as specified under item (ii) of sub-rule (2) and they may also be paid fees as may be determined by the Chairperson which shall not exceed rupees five thousand, for advice on each matter referred to them.".

 

[F.No. 12/50/2006-IGC/PI]

 

jyoti
on 12 March 2009
Published in Students
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