Skip to content
srilawsby aturio
As enacted
Contents

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

9. Term of office of members of the Council

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

(1)

Every member of the Council shall, unless he earlier vacates office, hold office for a period of two years from the date of his appointment or election as the case may be:

Provided however, that the members appointed under subsection (3) of section 8 holding office at the expiration of period of four years from the date referred to in that subsection shall thereupon vacate office, but shall be eligible for re-election.

(2)

A member of the Council shall vacate office by resignation therefrom or if he ceases to be a member of the

Institute.

(3)

In the event of the death of, or vacation of office by a member of the Council, another person shall, in accordance with the provisions of section 7, be appointed or elected, as the case may be, in place of such member, and shall hold office during the remaining part of the term of office of such member.

(4)

Any member of the Council who vacates office by effluxion of time shall be eligible for reappointment or re-election as a member.

(5)

A member of the Council shall be deemed to have vacated office on failure to attend three consecutive meetings of the Council unless excused by the Council or upon such member ceasing to be a member of the Institute.

Read on from s 10

Part II

Appointment of Officers and Servants of the Institute

Read on from Part II

Part III

Finance

Read on from Part III