The Chartered Accountants Act, 1949 · III — COUNCIL OF THE INSTITUTE

Section 14. Duration and dissolution of Council

In force · As amended up to 2026-08

14. Duration and dissolution of Council.—[10] [(1)] The duration of any Council constituted under this Act shall be[11] [four years] from the date of its first meeting, on the expiry of which it shall stand dissolved and a new Council constituted in accordance with the provisions of this Act. 12[(2) Notwithstanding the expiration of the duration of a Council (hereinafter referred to as the former Council), the former Council shall continue to exercise its functions until a new Council is 1. Ins. by Act 12 of 2022, s. 11 (w.e.f. 10-5-2022). 2. Ins. by Act 9 of 2006, s. 9 (w.e.f. 8-8-2006). 3. Subs. by Act 15 of 1959, s. 10, for "On the Dissolution of the Council, the President of the Council at the time of such dissolution (w.e.f. 1-7-1959). 4. Subs. by Act 9 of 2006, s. 9, for "President" (w.e.f. 8-8-2006). 5. Subs. by s. 9, ibid., for "charge of his duties" (w.e.f. 8-8-2006). 6. Ins. by s. 10, ibid. (w.e.f. 17-11-2006). 7. Subs. by Act 12 of 2022, s. 12, for "Register" (w.e.f. 10-5-2022). 8. Added by Act 15 of 1959, s. 11 (w.e.f. 1-7-1959). 9. Subs. by Act 9 of 2006, s. 10, for "six months" (w.e.f. 17-11-2006). 10. Section 14 re-numbered as sub-section (1) thereof by Act 15 of 1959, s. 12 (w.e.f. 1-7-1959). 11. Subs. by Act 12 of 2022, s. 13, for "three years" (w.e.f. 10-5-2022). 12. Ins. by Act 15 of 1959, s. 12 (w.e.f. 1-7-1959). constituted in accordance with the provisions of this Act, and on such constitution, the former Council shall stand dissolved.]

Source: India Code

How this section changed

  1. renumbered by Act 15 of 1959, s. 12

    In force from 1 Jul 1959

    Footnote: 10. Section 14 re-numbered as sub-section (1) thereof by Act 15 of 1959, s. 12 (w.e.f. 1-7-1959).

  2. inserted by Act 15 of 1959, s. 12

    In force from 1 Jul 1959

    Footnote: 12. Ins. by Act 15 of 1959, s. 12 (w.e.f. 1-7-1959).

  3. substituted by Act 12 of 2022, s. 13

    In force from 10 May 2022

    Earlier wording: “three years”

    Footnote: 11. Subs. by Act 12 of 2022, s. 13, for "three years" (w.e.f. 10-5-2022).