SCHEDULE 'H'

(See Proviso to Bye-law 93 (I)]

Rules and Regulations governing an Overseas Chapter of the Institute of
Chartered Accountants of Bangladesh

I. The Council may form an Overseas Chapter in a country outside Bangladesh where at least
twenty members of the institute normally reside on receipt of an application signed by all such
members:
Provided that the members of the Institute residing in any country in which an Overseas Chapter
has been formed shall belong to the Dhaka Regional Constituency and be attached to the Dhaka
Regional Committee.

A 2. A member of the Institute residing outside Bangladesh shall be eligible Lo become a member of
-I an Overseas Chapter.
3. The activities of an Overseas Chapter shall be managed by a Committee (hereinafter referred to
as 'Management Committee') consisting of five members elected by the members of the
Overseas Chapter to which they belong.
4. The Management Committee shall elect at its first meeting to be held within one month of the
date of declaration of results of election, a Chairperson and a Secretary.
5. The election to the first Management Committee shall be conducted by the Education Minister
of the High Commission for Bangladesh or by the Ambassador of Bangladesh in the country
concerned assisted by two members of the institute to be nominated by the Education Minister
or by the ambassador as the case may be, and thereafter by an Election Commission.
6. The election to the Management Committee shall be conducted in accordance with the election
rules and procedures for election to the Council framed under the Institute of Chartered
Accountants of Bangladesh Bye-laws, 2004 or by such election rules as an Overseas Chapter
may adopt in a general meeting of the members of the Chapter after obtaining prior approval of
the Council.
7. The Chairperson and the Secretary of a Management Comouttee shall bold office for a period of
one year from the date or which they are elected but so as not to extend beyond their term of
office as a member of the Management Commmee and, subject to their being a member of the
Management Committee at the relevant time, they shall be eligible for re-election.
8. The Chairperson of a Management Committee shall be the Chief Executive of the Committee.
9. The life of a Management Committee constituted under these rules shall be three years from the
date of the first meeting of the committee :
Provided that the Council may, if in its opinion circumstances so warrant, dissolve a
Management Committee or shorten its life, and order holding of fresh election.
10. The duties ofa Management Committee shall include;
a. advising the Council on matters referred to it and offering such assistance to the Council as
may be required of it.
b. making representations to the Council on matters of professional interest of the members of
the Overseas Chapter and offering suggestions for raising the standard and status of the
profession.
 c. supplying information to the members of the Overseas Chapter and to prospective
candidates for examinations of the Institute.
d. carrying out such other functions as may be entrusted to it from time to time by the Council
including providing assistance in holding the examinations of the Institute in a country
outside Bangladesh.
11. The meetings of a Management Committee and those of the members of the Overseas Chapter
shall be conducted in the manners prescribed for the meetings of the Regional Committees of the
Institute.
12. The expenses of an Overseas Chapter shall be met from levies imposed by the Management
Committee on the members of that Chapter. The amount of such levy shall be determmed at the
annual general meeting of an Overseas Chapter.
13. The Secretary of the Management Committee shall be responsible for the maintenance of
accounts. Such accounts shall be audited by a member of the Overseas Chapter who shall be
appointed at the annual general meeting of that Chapter. A copy of the audited accounts and the
auditor's report as adopted at the annual general meeting shall be sent to the Council not later
than one month from the date of the meeting.
14. Notwithstanding anything contained ID these rules, an Overseas Chapter shall stand dissolved if:
a. not less than two-thirds of the members on the register of members of the Overseas Chapter
pass a resolution ID a general meeting for its dissolution; or
b. the Council decides to dissolve an Overseas Chapter after giving proper hearing to the
Management Committee.
15. On the dissolution of an Overseas Chapter all its property, assets and funds shall vest with the
Council.

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