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As enacted
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Part I · Constitution, Objects and Powers of the Institute of Certified Management Accountants of Sri Lanka

5. Classification of members

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

The members of the Institute shall comprise Fellow

Members and Associate Members.

(2)

A student on completion of all examinations of the

Institute and acquiring a minimum of three years of practical experience in an approved sector as prescribed by the

Council upon application being made to the Council and payment to the Council of the prescribed fee shall be eligible for registration as an Associate of the Institute by the

Council. Such member shall upon registration by the Council as an Associate of the Institute be entitled to use the addition

“ACMA” after his name.

(3)

Any Member of the Institute who satisfies the Council that he has been an Accountant, Management Consultant or a lecturer in a university established under the Universities

Act, No. 16 of 1978 for not less than five years with a minimum of three years Senior Managerial or equivalent experience and who has fulfilled such requirements as may be prescribed by the Council shall be eligible for registration as a Fellow of the Institute by the Council. Any person eligible for registration may forward an application to the Council for registration along with the prescribed fee. A member shall, upon registration by the Council as a Fellow of the

Institute, be entitled to use the addition “FCMA” after his name.

(4)

Every member of the Institute who is not registered under subsection (3) as a Fellow of the Institute shall be an

Associate Member and shall have the right to use the addition of “ACMA” after his name to indicate that he is an Associate

Member.

(5)

Every Member of the Institute shall be entitled to take and use the title “Certified Management Accountant (CMA)”.

(6)

No person, not being a Member of the Institute shall take or use the title “Certified Management Accountant

(CMA)” or any addition mentioned in subsections (3) and (4) above.

Read on from s 6

Part II

Appointment of Officers and Servants of the Institute

Read on from Part II

Part III

Finance

Read on from Part III