Constitution of the Council of the Institute
9. (1) There shall be a Council of the Institute for the management of the affairs of the Institute and for discharging the functions assigned to it under this Ordinance. (2) The Council shall be composed of the following persons, namely,-
(a) the prescribed number of persons, not being less than six, elected from the three regional constituencies to be specified by the Government, by notification in the official Gazette, by the members of the Institute belonging to such constituencies from among such members of at least three years' standing, the number of members to be elected from a constituency being such as may be fixed therefore by the Government; and
(b) not less than seven persons nominated by the Government, of whom not less than three shall be qualified accountants representing each of the said regional constituencies.
Explanation.- In computing the period of a person's standing with the Institute for purposes of clause (a), the period for which he has been a registered accountant before the commencement of this Ordinance shall be reckoned as period of membership of the Institute.
(3) Notwithstanding anything contained in sub-section (2), all the members of the first Council to be constituted under this Ordinance shall be nominated by the Government.