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THE COST AND WORKS ACCOUNTANTS ACT, 1959 · COUNCIL OF THE INSTITUTE

Section 14 — Duration and dissolution of Council

(1)The duration of any Council constituted under this Act shall be 3[four years] from the date of its first meeting.
(2)Notwithstanding the expiration of the duration of a Council (hereinafter referred to as the former Council), the former Council shall continue to exercise its functions under this Act until a new Council is constituted in accordance with the provisions of this Act, and on such constitution, the former Council shall stand dissolved.