Sri Lanka Consolidated Acts

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Institute Of Chartered Accountants Act (No. 23 of 1959) - Sect 6

Classification of members as Fellows and Associates

6.
(1) The members of the Institute shall be divided into two classes consisting respectively of Fellows and Associate Members.
(2) Any member of the Institute who satisfies the Council that he has been in continuous practice as an accountant for not less than five years, whether before or after the appointed date, or partly before and partly after that date, or who has completed ten years as a member of the Institute, shall on application made to the Council in that behalf and on payment to the Council of a prescribed fee be registered by the Council as a Fellow of the Institute and shall be entitled to use the addition " F. C. A." after his name to indicate that he is a Fellow.
(3) Every member of the Institute who is not registered under subsection (2) as a Fellow of the Institute shall be an Associate Member and shall have the right to use the addition "A. C. A." after his name to indicate that he is an Associate Member.
(4) Every member of the Institute shall be entitled to take and use the title " Chartered Accountant".


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