 A draft of the Chartered Accountants Bye-Laws was also prepared and published for inviting public comments.The amended version called the Chartered Accountants Bye-Laws, 1961 was published in the Part 1 of the Extraordinary Gazette of Pakistan on July 1, 1961 and was enforced as on that date.As of that date the Department of Accountancy and the Pakistan Institute of Accountants having served a very useful purpose for a long time were finally liquidated.