Section 32: Maintenance of branch offices — Cost and Management Accountants Act, 1966

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32. Maintenance of branch offices.__ (1) Where 2[cost and management accountant] or a firm of 3[cost and management accountants] has more than one offices in Pakistan each one of such office shall be in the separate charge of a member of the Institute: 1Subs. by F.A.O., 1975, Art.2 and Table, for “Central Government”. 2Subs. by the Cost and Industrial Accountants (Amdt.) Act. 1976 (70 of 1976) s.15 for “an industrial accountant”. 3Subs. ibid., for “industrial accountants”. Provided that the Council may in suitable cases exempt any 1[cost and management accountant] or a firm of 2[cost and management accountants] from the operation of this subsection. (2) Every 1[cost and management accountant] in practice or firm of such accountants maintaining more than one offices shall send to the Council a list of offices together with the names of the persons in charge thereof and shall keep the Council informed of any change in relation thereto.

Effective date: 1966-01-01

Related sections

Section 31: Protection of action taken in good faith. No suit, prosecution or other legal Section 33: Reciprocity Section 30: Alteration in the Register and cancellation of certificate Section 34: Power to make regulations Section 29: Employees of the dissolved Company Section 35: Power to give directions for making regulations, etc

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