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TypeBare Act JurisdictionCentral Government

Actuaries Act, 2006

Complete Act - all sections

~2 min read
https://sooperkanoon.com/act/51595

Bare act · Research

About this act

Actuaries Act, 2006 (2006) is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

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

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Act Text

Preamble1 - Actuaries Act, 2006
ChapterI - Preliminary
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
ChapterIII - Register of Members
Section23 - Register
Section24. - Removal of Name from Register
Section25 - Re-entry in Register
ChapterIV - Misconduct
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
ChapterV - Appeals
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
ChapterVI - Penalties
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
ChapterVII - Quality Review Board
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
ChapterVIII - Dissolution of the Actuarial Society of India Registered Under the Societies Registration Act
Section48 - Dissolution of Actuarial Society of India
Section49 - Provisions Respecting Employees of Dissolved Society
ChapterIX - Miscellaneous
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

Frequently asked questions

What is the Actuaries Act, 2006?

The Actuaries Act, 2006, enacted in 2006, is Central state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Actuaries Act, 2006?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Actuaries Act, 2006. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act 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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