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Section 5 – ACTUARIES ACT, 2006

ACTUARIES ACT, 2006

 

 

5. Objects of Institute.—

 

The objects of the Institute shall be—

 

(a) to promote, uphold and develop the standards of professional education, training, knowledge, practice and conduct amongst Actuaries;

 

(b) to promote the status of the Actuarial profession;

 

(c) to regulate the practice by the members of the profession of Actuary;

 

(d) to promote, in the public interest, knowledge and research in all matters relevant to Actuarial science and its application; and

 

(e) to do all such other things as may be incidental or conducive to the above objects or any of them.

 

Comments

 

The Institute of Actuaries of India shall (i) promote, uphold and develop the standards of professional education, training, knowledge, practice and conduct amongst Actuaries; (ii) promote the status of the Actuarial profession; (iii) regulate the practice by the members of the profession of Actuary; (iv) promote knowledge and research in all matters relevant to Actuarial Science and its application; and (v) do all such other things as may be incidental or conducive to the above objects or any of them.

 

 

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ACTUARIES ACT, 2006

 

Indian Laws – Bare Acts

 

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