14. Duration and dissolution of Council.- (1) The duration of any Council constituted under this Act shall be *[four years] from the date of its first meeting. (2) Notwithstanding the expiration of the duration of a Council (hereinafter referred to as the former Council), the former Council shall continue to exercise its functions under this Act until a new Council is constituted in accordance with the provisions of this Act, and on such constitution, the former Council shall stand dissolved.
*[Substituted by Cost and Works Accountants (Amendment) Act, 2006, section 11]
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