Section 15A: Functions of Institute

The functions of the Institute shall include--

(a)

the examination of candidates for enrolment;

(b)

the regulation of training of students;

(c)

the maintenance and publication of a Register of persons qualified to practice as cost

accountants;

2 [(ca) the maintenance and publication of a Register of firms;]

(d)

collection of fees from members, examinees and other persons;

(e)

subject to the orders of the appropriate authorities under this Act, the removal of names from the 3 [Register of members and firms and the restoration of names to the Register of members and

firms] which have been removed;

(f)

the maintenance of a library and publication of books and periodicals relating to accountancy and allied subjects;

(g)

the conduct of elections to the Council of the Institute; and

(h)

the granting or refusal of certificates of practice as per guidelines issued by the Council.]

1. Ins. by Act 7 of 2006, s. 13 (w.e.f. 17-11-2006).

2. Ins. by Act 12 of 2022, s. 50 (w.e.f. 10-5-2022).

3. Subs. by s. 50, ibid., for “Register and the restoration to the Register of names” (w.e.f. 10-5-2022).