A candidate shall ordinarily be declared to have passed the Final Examination if he passes in both the groups. He may either appear in both the groups simultaneously or in one group in one examination and in the other group at any subsequent examination.

A candidate shall ordinarily be declared to have passed in both the groups simultaneously, if he-

1. Secures at one sitting a minimum of 40% marks in each paper of each of the groups and a minimum of 50% marks in the aggregate of all the papers of each of the groups; or
   
   

2. secures at one sitting a minimum of 40% marks in each paper of both the groups and a minimum of 50% marks in the aggregate of all the papers of both the groups taken together.
   
   

A candidate shall be declared to have passed in a group if he secures at one sitting a minimum of 40% marks in each paper of the group and a minimum of 50% marks in the aggregate of all the papers of that group.

A candidate who has passed in any one but not in all the groups of the Final examination held under Schedule 'B' to the Chartered Accountants Regulations, 1964 or under Schedule 'BB' to that regulations (prior to 1st January, 1985 under three groups system) and has subsequently appeared or required to appear as unit candidate under para 3A of Schedule 'B' to the Chartered Accountants Regulations 1988, but has not passed the respective unit, shall be entitled to appear in the respective unit till the commencement of the examination as per syallabus as may be specified by the Council. Thereafter, the entitlement to appear as a "unit" candidate shall cease and such candidates shall be required to appear in all the papers of both the groups to pass the Final Examination as per Syllabus as may be specified by the Council, if they wish to pursue the course.

Explanation- The expression "unit" referred to above is a set of papers in which a candidate who has passed in any one or more but not in all the groups of Final examination prior to the commencement of examinations under the syllabus specified in para 3A of Schedule 'B' to the Chartered Accountants Regulations, 1988 is required to appear and pass.

The Council may, frame guidelines for granting exemption in a group or paper(s) to a candidate who has passed one of the groups under para 3A of Schedule 'B' to the Chartered Accountants Regulations, 1988 or under any other syllabus subsequently specified by the Council, in the new syllabus specified by it. Such candidates shall be required to secure a minimum of 40% marks in a paper and a minimum of 50% marks in the aggregate of such paper / group to pass the examination:

Provided that any subsequent changes in the said guidelines shall have prior approval of the Central Government.

The Council may, frame guidelines to continue to grant exemption in a paper(s) to a candidate granted earlier under the erstwhile syllabus for the unexpired chance or chances of the exemption in the corresponding paper or papers for the paper/s in which he had secured exemption if the corresponding paper exists in the new syllabus as may be specified by the Council and will be appearing in the corresponsing paper for the paper in which he had failed and shall be declared to have passed the exmination if he secures at one sitting a minimum of 40% marks in the corresponding paper for the paper in which he had failed and a minimum of 50% marks in the aggregate of all the papers of the groups including the marks of the paper in which he had earlier been granted exemption by the Council:

Provided that any subsequent changes in the said guidelines shall have prior approval of the Central Government:

Provided further that a candidate who had appeared as a unit candidate under syllabus as given in para 3A of Schedule 'B' to the Chartered Accountants Regulations, 1988 and had earlier been granted exemption by the Council, shall be entitled to avail the unexpired chance (s) of the exemption till the commencement of the examination under the syllabus as may be specified by the Council. If such a candidate fails to pass the unit to which he belongs, before the commencement of the examination as per syllabus specified by the Council, the unavailed chance (s) of exemption shall thereafter automatically lapse consequent upon the discontinuation of the unit scheme of examination.

Notwithstanding anything contained in sub-regulations (1) to (6), a candidate who fails in one or more papers comprised in a group but secures a minimum of 60% of the marks in any paper or papers of that group shall be eligible to appear at any one or more of the immediately next three following examinations in the paper or papers in which he had secured less than 60% marks and shall be declared to have passed in that group if he secures at one attempt a minimum of 40% marks in each of such paper or papers and a minimum of 50% of the total marks of all the papers of that group including that paper or papers in which he had secured a minimum of 60% marks in the earlier examination referred to above, if he was present in all the papers of that group and has already exhausted earlier exemption, if any, granted to him in that group.: