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Section 21 – ACTUARIES ACT, 2006

ACTUARIES ACT, 2006

 

 

21. Committees of Council.—

 

(1) The Council may constitute such committees from amongst its members, and co-opt therein persons who are not members of the Institute, as it deems necessary for the purpose of carrying out the provisions of this Act:

 

Provided that the number of co-opted members shall not exceed one-third of the total membership of the committee.

 

(2) Every committee constituted under this section shall elect its own Chairman:

 

Provided that—

 

        (i)  where the President is a member of such committee, he shall be the Chairman of such committee, and in his absence, the Vice-President, if he is a member of such committee, shall be its Chairman; and

 

        (ii)  where the President is not a member of such committee but the Vice-President is a member, he shall be its Chairman.

 

(3) The committees shall exercise such functions and be subject to such conditions as may be specified.

 

 

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ACTUARIES ACT, 2006

 

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