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Actuaries Act, 2006 Complete Act - Bare Act

StateCentral Government
Year
Act Info:
Preamble1 - ACTUARIES ACT, 2006
Chapter I
Section1 - Short title, extent and commencement
Section2 - Definitions
Section3 - Incorporation of Institute
Section4 - Transfer of assets, liabilities, etc., of Actuarial Society
Section5 - Objects of Institute
Section6 - Entry of names in register
Section7 - Associates and fellows
Section8 - Honorary, affiliate and student members
Section9 - Certificate of practice
Section10 - Members to be known as Actuaries
Section11 - Disqualifications
Section12 - Composition of Council of Institute
Section13 - Annual general meetings
Section14 - Re-election to Council
Section15 - Settlement of disputes regarding election
Section16 - Establishment of Tribunal
Section17 - President Vice-President and Honorary Secretary
Section18 - Resignation from membership and filling up of casual vacancies
Section19 - Functions of Council
Section20 - Staff, remuneration and allowances
Section21 - Committees of Council
Section22 - Finances of Council
Chapter III
Section23 - Register
Section24. - Removal of name from Register
Section25 - Re-entry in register
Chapter IV
Section26 - Disciplinary Committee
Section27 - Appointment of Prosecution Director
Section28 - Authority, Council, Disciplinary Committee and Prosecution Director to have powers of civil court
Section29 - Action by Council on Disciplinary Committee's report
Section30 - Member to be afforded opportunity of being heard
Section31 - Professional or other misconduct defined
Chapter V
Section32 - Constitution of Appellate Authority
Section33 - Term of office of Members of Authority
Section34 - Allowances, conditions of service of Members and procedure, etc., of Authority
Section35 - Officers and other staff of Authority
Section36 - Appeal to Authority
Chapter VI
Section37 - Penalty for falsely claiming to be a member, etc.
Section38 - Penalty for using name of Institution, awarding degrees of actuarial science, etc.
Section39 - Companies not to engage in actuarial practice
Section40 - Unqualified person not to sign documents
Section41 - Offences by companies
Section42 - Sanction to prosecute
Chapter VII
Section43 - Establishment of Quality Review Board
Section44 - Functions of Board
Section45 - Procedure of Board
Section46 - Terms and conditions of Chairperson and Members of Board
Section47 - Expenditure of Board
Chapter VIII
Section48 - Dissolution of Actuarial Society of India
Section49 - Provisions respecting employees of dissolved society
Chapter IX
Section50 - Maintenance of more than one offices by Actuary
Section51 - Reciprocity
Section52 - Power of Central Government to issue directions
Section53 - Protection of action taken in good faith
Section54 - Members, etc., to be public servants
Section55 - Power of Central Government to make rules
Section56 - Power to make regulations
Section57 - Power of Central Government to issue directions for making or amending regulations
Section58 - Laying of rules and regulations
Section59 - Power to remove difficulties
ScheduleI - THE FIRST SCHEDULE


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