Section 42
Formation Of Adhoc Council
(1) Notwithstanding anything contained elsewhere in this Act, pending the formation of the Council pursuant to Section 7, there shall be formed an ad hoc council consisting of the following members in order to perform the functions to be performed by the Council under this Act in relation to issue the membership registration
certificate by registering the name of a person who has the qualification to become a member of the Institute and to hold election to the councilors
representing the members to the Council:
(a) Chairperson, Nepal Chartered Accountants Association -Chairperson
(b) Three persons nominated by Government of Nepal from amongst the auditors who have been registered as auditors under the Auditors Act,
2031 (1975) -Member
(c) Gazetted first class officer designated by Government of Nepal -Member secretary
(2) The ad hoc Council formed pursuant to Sub-section (1) shall complete election to the councilors representing the members to the
Council no later than Six months after the date of the commencement of this Act.
(3) The ad hoc Council formed pursuant to Sub-section (1) shall determine the rules of procedures of its meetings and other modus operandi
on its own.
(4) The ad hoc council formed pursuant to Sub-section (1) shall ipso facto be dissolved upon the formation of the Council pursuant to Section 7. After the ad hoc council is so dissolved, all acts and actions done and taken by that ad hoc Council on behalf of the Council shall be deemed to have been done and taken by the Council itself.
certificate by registering the name of a person who has the qualification to become a member of the Institute and to hold election to the councilors
representing the members to the Council:
(a) Chairperson, Nepal Chartered Accountants Association -Chairperson
(b) Three persons nominated by Government of Nepal from amongst the auditors who have been registered as auditors under the Auditors Act,
2031 (1975) -Member
(c) Gazetted first class officer designated by Government of Nepal -Member secretary
(2) The ad hoc Council formed pursuant to Sub-section (1) shall complete election to the councilors representing the members to the
Council no later than Six months after the date of the commencement of this Act.
(3) The ad hoc Council formed pursuant to Sub-section (1) shall determine the rules of procedures of its meetings and other modus operandi
on its own.
(4) The ad hoc council formed pursuant to Sub-section (1) shall ipso facto be dissolved upon the formation of the Council pursuant to Section 7. After the ad hoc council is so dissolved, all acts and actions done and taken by that ad hoc Council on behalf of the Council shall be deemed to have been done and taken by the Council itself.