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4. Entry of names in the Register.__ (1) The following persons shall be entitled to have their names entered in the Register, namely:__ (a) any person who was, immediately before the commencement of this Act, a fellow or associate of the dissolved company; (b) any person who has passed such examination and completed such training as may be prescribed for membership of the Institute; (c) any person who has passed such other examination and completed such other training outside Pakistan as is recognised by the 2[Federal Government], or by the Council with the approval of the 2[Federal Government], as being equivalent to the examination and training prescribed for membership of the Institute and, in case he is not permanently residing in Pakistan, fulfils such other conditions as the 2[Federal Government], or the Council with the approval of the 3[Federal Government], as the case may be, may deem fit to impose; (d) any person domiciled in Pakistan, who is, at the commencement of this Act, whether within or without Pakistan, (i) studying for any foreign examination and also undergoing training and passes such examination and completes such training within three years of such commencement, or (ii) undergoing training, having passed any such foreign examination, and completes such training within the said period, if such foreign examination and training are recognised by the 2[Federal Government], or by the Council with the approval of 2[Federal Government], as being equivalent to the examination and training prescribed for membership of the Institute. (2) The Council shall, as early as possible, take such steps as may be necessary for having the names of all such persons as are mentioned in clause (a) of sub­section (1) entered in the Register without any application being made in that behalf or the payment of any fee and the name of every such person so entered shall be deemed to have been entered at the commencement of this Act for the purpose of sub­section (1) of section 3. 1Subs. ibid. s.6, for “Pakistan Institute of Industrial Accountants”. 2Subs. by F.A.O, 1975, Art. 2 and Table for “Central Government”. (3) Every person belonging to any of the classes mentioned in clauses (b), (c) and (d) of sub­ section (1) may have his name entered in the Register on an application made to and granted by the Council in the prescribed manner and on payment of the prescribed fee.

Effective date: 1966-01-01

Version cost-and-management-accountants-act-1966~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.