Sri Lanka Consolidated Acts

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Institute Of Chartered Accountants Act (No. 23 of 1959) - Sect 15

[ 10,16 of 1964.] General disqualifications

15.
(1) No person shall be enrolled as a member of the Institute-
(a) unless he has attained the age of twenty-one years and is either a citizen of Ceylon or has ordinarily resided in Ceylon for a period of not less than three years;
(b) if he has been adjudged by a competent court to be of unsound mind;
(c) if having been adjudged an insolvent or bankrupt, he has not been granted by a competent court a certificate to the effect that his insolvency or bankruptcy has arisen wholly or partly from unavoidable losses or misfortunes;
(d) if he has been convicted by a competent court, whether in Ceylon or elsewhere, of any offence involving moral turpitude and punishable with imprisonment or similar punishment and has not been granted a free pardon.
(2) The Council shall disenrolled any person who is a member of the Institute, if he becomes subject to any disqualification mentioned in paragraph (b) or paragraph (c) or paragraph (d) of subsection (1) of this section:

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