Section 38
Reciprocity.
The Cost Accountants Act, 1959
About this Act
An Act to make provision for the regulation of the profession of cost and works accountants.
(1) Where any country, specified by the Central Government in this behalf by
notification in the Official Gazette, prevents persons of Indian domicile from becoming members of any
institution similar to the Institute established under this Act or from practicing the profession of costs accountancy or subject them to unfair discrimination in that country, no subject of any such country shall be entitled to become a member of the Institute or practice the profession of cost accountancy, in India.
(2) Subject to the provisions of sub-section (1), the Council may prescribe the conditions, if any, subject to which foreign qualifications relating to cost accountancy shall be recognised for the purposes of entry in the 1Register of members].
(2) Subject to the provisions of sub-section (1), the Council may prescribe the conditions, if any, subject to which foreign qualifications relating to cost accountancy shall be recognised for the purposes of entry in the 1Register of members].
Notes
1. Subs. by Act 12 of 2022, s. 69, for “Register” (w.e.f. 10-5-2022).