ACTUARIES ACT, 2006
44. Functions of Board.——
The Board shall perform the following functions, namely:—
(a) to fix standards for the services provided by the members of the Institute;
(b) to review the quality of services provided by the members of the Institute including actuarial audit services; and
(c) to guide the members of the Institute to improve the quality of services and adherence to the various statutory and other regulatory requirements.