View All - 1959 Acts Section No : Acts & Ordinances INSTITUTE OF CHARTERED ACCOUNTANTSMarginal Notes1. This Act may be cited as the Institute of Chartered Accountants Act, No. 23 of 1959, and shall come into operation on such date (hereinafter referred to as " the appointed date") as may be appointed by the Minister by Order published in the Gazette.*2. Establishment of Institute of Chartered Accountants of Ceylon. 3. Incorporation of Institute. 4. Eligibility for membership of Institute. 5. Fee for membership of Institute. 6. Classification of members as Fellows and Associates. 7. Constitution of Council. 8. Term of office of members of the Council. 9. General powers and duties of Council. 10. Officers of the Council. 11. Financial provisions. 12. Power to make regulations. 13. [ 9, 16 of 1964.] 14. [ 9, 16 of 1964.] 15. [ 10,16 of 1964.] General disqualifications. 16. Disenrolment for professional misconduct. [ 12, 16 of 1964.] 17. Inquiries by Disciplinary Committees. [ 13,16 of 1964.] 18. Suspension in lieu of disenrolment. [ 14, 16 of 1964.] 19. Appeal to the Supreme Court from decisions of the Council under section 16 or section 18. 20. Meaning of "professional misconduct". 21. Restrictions on practising as accountant. 22. Restrictions as to use of titles conferred under this Act. 23. Offences and penalties. 24. Meaning of "practise ". 25. Transitional arrangements.