Chartered Accountants Act : Staff, remuneration and allowances. Indian Bare Acts :

Chartered Accountants Act,1949

Act No : 38

Section : Staff, remuneration and allowances.

16. Staff, remuneration and allowances. (1) For the efficient performance of its duties, the Council may-- (a) appoint a Secretary who may also, if so decided by the Council, act as Treasurer; (b) appoint such other officers and servants as it deems necessary; (c) require and take from the Secretary or from any other officer or servant of the Council such security for the due performance of his duties, as the Council considers necessary; (d) fix the salaries, fees, allowances and other conditions of service of the officers and servants of the Council; (e) with the previous sanction of the Central Government, fix the allowances of the President, Vice-President and other --------------------------------------------------------------------- 1 Subs. by Act 15 of 1959, s. 13, for "articled clerks" (w.e.f. 1- 7-1959). 2 The words "chartered accountants, associates," omitted by s. 13, ibid. (w.e.f. 1-7-1959). 3 Subs. by s. 13, ibid., for "Chartered Accountants" (w.e.f. 1-7- 1959). 14 members of the Council 1*[and members of its committees]. (2) Notwithstanding anything contained in sub-section (1), on the first constitution of the Council the Secretary shall be a person appointed by the Central Government in consultation with the Council, and he shall hold office during the pleasure of the Central Government, but so as not to exceed a period of three years from the date of his appointment. 1*[(3) The Secretary of the Council shall be entitled to participate in the meetings of the Council but shall not be entitled to vote thereat.]