The Institute of Chartered Accountants in Ireland (Charter Amendment) Act, 1966

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Number 2 (Private) of 1966.

THE INSTITUTE OF CHARTERED ACCOUNTANTS IN IRELAND (CHARTER AMENDMENT) ACT, 1966

ARRANGEMENT OF SECTIONS

Number 2 (Private) of 1966.

THE INSTITUTE OF CHARTERED ACCOUNTANTS IN IRELAND (CHARTER AMENDMENT) ACT, 1966

AN ACT TO AMEND THE CHARTER UNDER WHICH THE INSTITUTE OF CHARTERED ACCOUNTANTS IN IRELAND IS INCORPORATED SO AS TO ALTER THE PROVISIONS OF THE CHARTER IN RELATION TO ADMISSION TO FELLOWSHIP, THE ANNUAL GENERAL MEETING AND THE APPOINTMENT OF THE COUNCIL AND SECRETARY OF THE INSTITUTE AND TO CONFER POWER ON THE INSTITUTE TO GRANT OR JOIN WITH SIMILAR BODIES IN GRANTING DIPLOMAS, CERTIFICATES AND AWARDS AND FOR OTHER PURPOSES RELATING TO THE INSTITUTE. [22nd June, 1966.]

Preamble.

WHEREAS by a Charter or Letters Patent under the Great Seal of Ireland bearing date the 14th day of May 1888 and granted by her late Majesty Queen Victoria certain persons therein named and such other persons as should thereafter be admitted to membership were incorporated into one body politic and corporate by the name of “The Institute of Chartered Accountants in Ireland” for the purpose of securing a high standard of professional and general education and the efficiency and responsibility of those engaging in the profession of accountants in Ireland and the elevation of that profession as a whole:

AND WHEREAS the members of the Institute are divided into two classes styled respectively Fellows and Associates and it is considered expedient that the Institute should have power to prescribe qualifications, by examination or otherwise, as a condition for future admission to fellowship as well as to associateship:

AND WHEREAS as membership of the Institute extends to persons in Northern Ireland as well as in the State it is desired that provision should be made for holding the annual general meeting of the Institute in Belfast or elsewhere in Northern Ireland as well as in Dublin or elsewhere in the State:

AND WHEREAS to remove doubts it is desired to provide that the whole of the Council of the Institute need not retire at the annual general meeting of the Institute in each year and to enable ex officio members of the Council to be appointed:

AND WHEREAS to remove doubts it is desired to enable the Council of the Institute to appoint a Secretary for such period as may be thought fit:

AND WHEREAS it is expedient that the Institute should have power to grant or join with other professional bodies in granting diplomas, certificates and awards to members of the Institute and others:

AND WHEREAS it is expedient that the other provisions in this Act contained should be enacted:

AND WHEREAS the purposes aforesaid cannot be effected without the authority of the Oireachtas:

BE IT THEREFORE ENACTED BY THE OIREACHTAS AS FOLLOWS:—