Sri Lanka Consolidated Acts

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Institute of Chartered Accountants (Amendment) Act (No. 15 of 1998) - Sect 9

Amendment of section 17 of the principal enactment

9. Section 17 of the principal enactment is hereby amended by the repeal of subsection (2) of that section and the substitution, of the following subsection therefor :-
"(2)
(a) Where the Council has reasonable cause to believe, whether on complaint made to it or otherwise, that any person who is a member of the Institute has been guilty of professional misconduct, the Council may appoint an investigating Committee to inquire into and report to the Council, whether a prima facie case of professional misconduct, has been made against such member.
(b) Where an investigating Committee appointed under paragraph (a) reports to the Council that a prima facie case of professional misconduct has been made out against a member, the Council shall appoint a disciplinary Committee for the purpose of inquiring into the conduct of such member".


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