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TypeBare Act JurisdictionCentral Government

Actuaries Act, 2006 Section 38

Penalty for Using Name of Institution, Awarding Degrees of Actuarial Science, Etc.

~1 min read
https://sooperkanoon.com/act/33227

Bare act section · Research

About this section

Actuaries Act, 2006 Section 38 is part of Actuaries Act, 2006 - Penalty for Using Name of Institution, Awarding Degrees of Actuarial Science, Etc.. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

(1) Save as otherwise provided in this Act, no person shall--

(a) use a name or a common seal which is identical with the name or the common seal of the Institute or so nearly resembles it so as to deceive or as is likely to deceive the public; or

(b) award any degree, diploma or certificate or bestow any designation which indicates or purports to indicate the position or attainment of any qualification or competence in actuaryship similar to that of a member of the Institute; or

(c) seek to regulate in any manner whatsoever the profession of Actuaries.

(2) Any person contravening the provisions of sub-section (1) shall, without prejudice to any other proceedings, which may be taken against him, be punishable with fine, which may extend on first conviction to fifty thousand rupees and on any subsequent conviction with imprisonment which may extend to one year, or, with fine which may extend to one lakh rupees, or with both.

(3) Nothing contained in this section shall apply to any University or other institution established by law or to any body affiliated to the Institute.

Frequently asked questions

What does Actuaries Act, 2006 Section 38 provide?

Section Section 38 of the Actuaries Act, 2006 (Penalty for Using Name of Institution, Awarding Degrees of Actuarial Science, Etc.) is reproduced on this page as part of the Actuaries Act, 2006. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Actuaries Act, 2006 Section 38?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Actuaries Act, 2006 Section 38. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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