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Section 39

Power to make regulations . — (1) The Council may, by notification in the Gazette of India, make regulations for the purpose of carrying out the objects of this Act, 1 ***.

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39. Power to make regulations . — (1) The Council may, by notification in the Gazette of India, make regulations for the purpose of carrying out the objects of this Act, 1 ***. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters , namely:— (a) the standard and conduct of examinations under this Act; (b) the qualifications for the entry of the name of any person in the 2 [Register of members] as a member of the Institute; (c) the qualification required for the purposes of sub-section (4) of section 5; (d) the conditions under which any examination or training may be treated as equivalent to the examination or training prescribed for members of the Institute; (e) the conditions under which any foreign qualification may be recognised; (f) the manner in which and the conditions subject to which applications for entry in the 2 [Register of members] may be made; (g) the fees payable for membership of the Institute and the annual fees payable by associates and fellows of the Institute in respect of their certificates; (i) the particulars to be entered in the 2 [Register of members]; 4* (k) the regulation and maintenance of the status and standard of professional qualifications of members of the Institute; (l) the carrying out of research in accountancy; (m) the maintenance of libraries and publication of books and periodicals relating to cost accountancy and allied subjects; (n) the management of the property of the Council and the maintenance and audit of its accounts; (o) the summoning and holding of meetings of the Council and committees thereof, the times and places of such meetings, the procedure to be followed thereat and the number of members necessary to form a quorum; (p) the manner in which the annual list of 5 [members and firms registered with] the Institute shall be published; (q) the powers, duties and functions of the President and the Vice-President of the Council; (r) the functions of the Standing and other committees and the conditions subject to which such functions shall be discharged;