//
 
[Home] [Act List]  
 
THE COST AND MANAGEMENT ACCOUNTANTS ORDINANCE, 1977

(ORDINANCE NO. LIII OF 1977).
  Part No : Chapter No : Section No: [ 14th November, 1977  
  
     An Ordinance to constitute an Institute of Cost and Management Accountants of Bangladesh for the purpose of regulating the profession of cost and management accountants.
 
    WHEREAS it is expedient to constitute an Institute of Cost and Management Accountants in Bangladesh for the purpose of regulating the profession of cost and management accountants and for matters connected therewith;



NOW, THEREFORE, in pursuance of the Proclamations of the 20th August, 1975, and the 8th November, 1975, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-
 
CONTENTS
 
SECTIONS
 
1. Short title
2. Definitions
3. Incorporation of the Institute
4. Entry of names in the Register
5. Disabilities
6. Associates and fellows
7. Certificate of practice
8. Members to be known as Cost and Management Accountants
9. Constitution and composition of the Council
10. Election of the Council
11. Honorary office-bearers of the Council
12. Resignation of membership and casual vacancies
13. Duration and dissolution of Council
14. Functions of the Council
[14A. The function of the Institute shall
14B. The Institute shall ensure that all
14C. A person shall not be entitled
15. Appointment of officers and employees, etc.
16. Committees of the Council
17. Branch Councils
18. Finance of the Council
19. Register
20. Removal of name from the Register
21. Penalty for falsely claiming to be a member of the Institute, etc.
22. Penalty for using the name of the Council, etc.
23. Companies not to engage in cost and management accounting in Bangladesh
24. Unqualified persons not to sign documents
25. Offences by companies
26. Sanction to prosecute
27. Alteration in the Register and cancellation of certificate
28. Indemnity
29. Maintenance of branch offices
30. Reciprocity
31. Power to make regulations
32.Power to give directions for making regulations, etc.
33.Repeal and savings
 
 

Copyright © 2010, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs