Duration and dissolution of Council
1[(1)] The duration of any Council constituted under this Act shall be three 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.
2[(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 constituted in accordance with the provisions of this Act, and on such constitution, the former Council shall stand dissolved.]
Amendment
1 Numbered as sub-section (1) by the Chartered Accountants (Amendment) Act, 1959.
2 Inserted by the Chartered Accountants (Amendment) Act, 1959.
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