Section 3: In Corporation of the Institute — Cost and Management Accountants Act, 1966

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3. In Corporation of the Institute.__ (1)All persons whose names are entered in the Register at the commencement of this Act and all persons who may hereafter have their names entered in the Register under the provisions of this Act, so long as they continue to have their names borne on the said Register are hereby constituted a body corporate by the name of the 1[Institute of Cost and Management Accountants of Pakistan] and all such persons shall be known as members of the Institute. (2) The Institute shall have perpetual succession and a common seal, and shall have power to acquire, hold and dispose of property, both movable and immovable, and shall by its name sue or be sued.

Effective date: 1966-01-01

Related sections

Section 2: Definitions Section 4: Entry of names in the Register Section 1: Short title, extent and commencement. __ (1) This Act may be called the 3[Cost and Section 5: Associates and fellows Section 6: Certificate of practice Section 7: Members to be known as 3[Cost and Management Accountants]

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