Cost and Works Accountants Act, 1959
120. Vacancies
(1) A member of a Regional Council may at any time resign his
membership by writing under his hand addressed to the Chairman of the Regional
Council and the seat of such member shall become vacant when such resignation
is notified in the Journal of the Institute.
(2) If an elected member of a Regional Council is elected to the
Central Council such member shall cease to be a member of the Regional Council
and the vacancy so caused may be filled up by co-option by the Central Council
from amongst the members nominated in this behalf by the Regional Council
concerned. A member so co-opted shall hold office till the expiry of the
duration of the said Regional Council.
(3) Any casual vacancy in the first Regional Council constituted
by the Central Council under the provisions of sub-regulation (3) of Regulation
114 may be filled up by co-option by the Central Council and any casual vacancy
in the subsequent Regional Council may be filled up by the Regional Council
concerned. A member so co-opted shall hold office till the expiry of the
duration of the said Regional Council.
(4) If an elected or a co-opted member of a Regional Council
changes his professional address from the regional constituency from which he
was elected or to which he was elected or to which he belonged at the time of
co-option, as the case may be to any other constituency, such member shall
cease to be a member of the Regional Council and the vacancy so caused may be
filled up by co-option of another member by the Regional Council concerned. A
member so co-opted shall hold office till the expiry of the duration of the
said Regional Council.
(5) Notwithstanding anything contained in these Regulations, an
elected or co-opted member of a Regional Council shall be deemed to have
vacated his seat if he is declared by the Regional Council to have been absent
without sufficient excuse from three consecutive meetings of the Regional
Council or if his name is, for any reason, removed from the Regional Register of
Members under the provisions of these Regulations and the vacancy so caused may
be filled by co-option of another member by the Regional Council concerned. A
members so co-opted shall hold office till the expiry of the duration of the
said Regional Council.