In force · As amended up to 2026-08
9[ 15A. Imparting education by Universities and other bodies.— (1) Subject to the provisions of this Act, any University established by law or any body affiliated to the Institute, may impart education on the subjects covered by the academic courses of the Institute.
1. Subs. by Act 9 of 2006, s. 11, for section 15 (w.e.f. 17-11-2006).
2. Subs. by Act 12 of 2022, s. 14, for clauses (b) and (c) (w.e.f. 10-5-2022).
3. Subs. by s. 14, ibid ., for "Register" (w.e.f. 10-5-2022).
4. Subs. by s. 14, ibid ., for clause (f) (w.e.f. 10-5-2022).
5. Clause (g) omitted by s. 14, ibid . (w.e.f. 10-5-2022).
6. The words "and collection" omitted by s. 14, ibid . (w.e.f. 10-5-2022).
7. Clause (i) omitted by s. 14, ibid . (w.e.f. 10-5-2022).
8. Subs. by s. 14, ibid ., for clause (l) (w.e.f. 10-5-2022).
9. Ins. by Act 9 of 2006, s. 12 (w.e.f. 8-8-2006).
(2) The Universities or bodies referred to in sub-section (1) shall, while awarding degree, diploma or certificate or bestowing any designation, ensure that the award or designation do not resemble or is not identical to one awarded by the Institute.
(3) Nothing contained in this section shall enable a University or a body to adopt a name or nomenclature which is in any way similar to that of the Institute.]
1[15B. Functions of Institute .—The functions of the Institute shall include--
(a) the examination of candidates for enrolment;
(b) the regulation of the engagement and training of articled and audit assistants;
(c) the maintenance and publication of a Register of persons qualified to practice as chartered accountants;
(d) the maintenance and publication of Register of firms;
- (e) collection of fees from members, examinees and other persons;
(f) subject to the orders of the appropriate authorities under this Act, the removal of names from the Register of members and firms and the restoration of names to the Register of members and firms which have been removed;
(g) the maintenance of a library and publication of books and periodicals relating to accountancy and allied subjects;
(h) the conduct of elections to the Council of the Institute; and
(i) the granting or refusal of certificates of practice as per guidelines issued by the Council.]
Source: India Code