Title Year Number Subject
 
 
 
Table of ContentsContent
Preamble 1  -             ACTUARIES ACT, 2006
Chapter I  -             PRELIMINARY
Section 1  -             Short title, extent and commencement
Section 2  -             Definitions
Charter II  -             INSTITUTE OF ACTUARIES OF INDIA
Section 3  -             Incorporation of Institute
Section 4  -             Transfer of assets, liabilities, etc., of Actuarial Society
Section 5  -             Objects of Institute
Section 6  -             Entry of names in register
Section 7  -             Associates and fellows
Section 8  -             Honorary, affiliate and student members
Section 9  -             Certificate of practice
Section 10  -             Members to be known as Actuaries
Section 11  -             Disqualifications
Section 12  -             Composition of Council of Institute
Section 13  -             Annual general meetings
Section 14  -             Re-election to Council
Section 15  -             Settlement of disputes regarding election
Section 16  -             Establishment of Tribunal
Section 17  -             President Vice-President and Honorary Secretary
Section 18  -             Resignation from membership and filling up of casual vacancies
Section 19  -             Functions of Council
Section 20  -             Staff, remuneration and allowances
Section 21  -             Committees of Council
Section 22  -             Finances of Council
Chapter III  -             REGISTER OF MEMBERS
Section 23  -             Register
Section 24.  -             Removal of name from Register
Section 25  -             Re-entry in register
Chapter IV  -             MISCONDUCT
Section 26  -             Disciplinary Committee
Section 27  -             Appointment of Prosecution Director
Section 29  -             Action by Council on Disciplinary Committee's report
Section 30  -             Member to be afforded opportunity of being heard
Section 31  -             Professional or other misconduct defined
Chapter V  -             APPEALS
Section 32  -             Constitution of Appellate Authority
Section 33  -             Term of office of Members of Authority
Section 35  -             Officers and other staff of Authority
Section 36  -             Appeal to Authority
Chapter VI  -             PENALTIES
Section 37  -             Penalty for falsely claiming to be a member, etc.
Section 39  -             Companies not to engage in actuarial practice
Section 40  -             Unqualified person not to sign documents
Section 41  -             Offences by companies
Section 42  -             Sanction to prosecute
Chapter VII  -             QUALITY REVIEW BOARD
Section 43  -             Establishment of Quality Review Board
Section 44  -             Functions of Board
Section 45  -             Procedure of Board
Section 46  -             Terms and conditions of Chairperson and Members of Board
Section 47  -             Expenditure of Board
Section 48  -             Dissolution of Actuarial Society of India
Section 49  -             Provisions respecting employees of dissolved society
Chapter IX  -             MISCELLANEOUS
Section 50  -             Maintenance of more than one offices by Actuary
Section 51  -             Reciprocity
Section 52  -             Power of Central Government to issue directions
Section 53  -             Protection of action taken in good faith
Section 54  -             Members, etc., to be public servants
Section 55  -             Power of Central Government to make rules
Section 56  -             Power to make regulations
Section 58  -             Laying of rules and regulations
Section 59  -             Power to remove difficulties
Schedule I  -             THE FIRST SCHEDULE
 
 
 
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