Provided that no member shall hold the office for more than 3[ two consecutive terms]:
Provided further that a member of the Council, who is or has been elected as President under sub-section (1) of section 12, shall not be eligible for election or nomination as a member of the Council.]
4[(2) Notwithstanding anything contained in sub-section (1), a member of the Council who immediately at the commencement of the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022, has held office as such member for two terms or is holding office for the second term of three years, shall be eligible to contest for one more term of four years and a member who has held office for one term or is holding office for the first term of three years, shall be eligible to contest for two more consecutive terms.]
Source footnotes
1. Subs. by s. 7, ibid. for section 10 (w.e.f. 8-8-2006).2. Section 10 shall be renumbered as sub-section (1) by Act 12 of 2022, s. 10 (w.e.f. 10-5-2022).
3. Subs. by s. 10, ibid., for three consecutive terms (w.e.f. 10-5-2022).
4. Ins. by s. 10, ibid. (w.e.f. 10-5-2022).
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Section 1 · Short title, extent and commencement.Section 2 · Interpretation.Section 3 · Incorporation of the Institute.Section 4 · Entry of names in the Register of members.Section 5 · Fellows and Associates.Section 6 · Certificate of practice.Section 7 · Members to be known as Chartered Accountants.Section 8 · Disabilities.India Code, Government of India. Text fetched 19 Oct 2026. Source metadata reports last modification: 2022-06-02. Check the linked official text and subsequent notifications when applying a provision.