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Actuaries Act, 2006

Actuaries Act, 2006

  • ₹130.00

In Stock
  • Author(s): Bare Act
  • Edition: Current Year
  • Approx. Pages 75 + Contents
  • Format Paperback

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Description
•  The Actuaries (Procedure for Enquiry of Professional and Other Misconduct)
    Rules, 2008
•  The Actuaries (Election to the council) Rules, 2008
•  The Institute of Actuaries of India (Transaction of Business at Meetings of
    Council) Regulations, 2011
•  The Institute of Actuaries of India (Maintenance of Register, Publication of
    List, and Re-entry of Names in Register of Members) Regulations, 2011
•  The Insurance Regulatory and Development Authority (Appointed Actuary)
    Regulations, 2000 as amended by (First Amendment) Regulations, 2013
•  The Insurance Regulatory and Development Authority (Qualification of
    Actuary) Regulations. 2004
•  Relevant Provisions of Statutes Referred
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Contents
The Actuaries Act, 2006
Chapter I - Preliminary

1.    Short title, extent and commencement
2.    Definitions
Chapter II - Institute of Actuaries of India
3.    Incorporation of Institute
4.    Transfer of assets, liabilities, etc., of Actuarial Society
5.    Objects of Institute
6.    Entry of names in register
7.    Associates and fellows
8.    Honorary, affiliate and student members
9.    Certificate of practice
10.  Members to be known as Actuaries
11.  Disqualifications
12.  Composition of Council of Institute
13.  Annual general meetings
14.  Re-election to Council
15.  Settlement of disputes regarding election
16.  Establishment of Tribunal
17.  President, Vice-President and Honorary Secretary
18.  Resignation from membership and filling up of casual vacancies   .
19.  Functions of Council
20.  Staff, remuneration and allowances
21.  Committees of Council
22.  Finances of Council
Chapter III - Register of Members
23.  Register
24.  Removal of name from Register
25.  Re-entry in register
Chapter IV - Misconduct
26.  Disciplinary Committee
27.  Appointment of Prosecution Director
28.  Authority, Council, Disciplinary Committee and Prosecution Director to have
       powers of civil court
29.  Action by Council on Disciplinary Committee's report
30.  Member to be afforded opportunity of being heard
31.  Professional or other misconduct defined
Chapter V - Appeals
32.  Constitution of Appellate Authority
33.  Term of office of Members of Authority
34.  Allowances, conditions of service of members and procedure etc., of Authority
35.  Officers and other staff of Authority
36.  Appeal to Authority
Chapter VI - Penalties
37.  Penalty for falsely claiming to be a member, etc.
38.  Penalty for using name of Institution, awarding degrees of actuarial science, etc.
39.  Companies not to engage in actuarial practice
40.  Unqualified person not to sign documents
41.  Offences by companies
42.  Sanction to prosecute
Chapter VII - Quality Review Board
43.  Establishment of Quality Review Board
44.  Functions of Board
45.  Procedure of Board
46.  Terms and conditions of Chairman and Members of Board
47.  Expenditure of Board
Chapter VIII - Dissolution of the Actuarial Society of India Registered Under
                         the Societies Registration Act

48.  Dissolution of Actuarial Society of India
49.  Provisions respecting employees of dissolved society
Chapter IX - Miscellaneous
50.  Maintenance of more than one offices by Actuary
51.  Reciprocity
52.  Power of Central Government to issue directions
53.  Protection of action taken in good faith
54.  Members, etc., to be public servants
55.  Power of Central Government to make rules
56.  Power to make regulations
57.  Power of Central Government to issue directions for making or amending
       regulations Contents Sections
58.  Laying of rules and regulations
59.  Power to remove difficulties
The Schedule
The Actuaries (Procedure for Enquiry of Professional and Other Misconduct) Rules, 2008
1.    Preliminary
2.    Procedures of Enquiry Related to Complaints and Information
3.    Procedure of Enquiry
4.    Disciplinary Committee
5.    Miscellaneous
The Actuaries (Election to the Council) Rules, 2008
Rules 1-30
Schedules - 1-5
Form A - Form G
The Institute of Actuaries of India (Transaction of Business at Meetings of Council) Regulations, 2011
Rules 1 - 11
The Institute of Actuaries of India (Maintenance of Register, Publication of List, and Re-entry of Name in Register of Members) Regulations, 2011
Rules 1 - 7
The Insurance Regulatory and Development Authority (Appointed  Actuary) Regulations, 2000
Rule 1 - 11
The Insurance Regulatory and Development Authority (Qualification of Actuary) Regulations, 2004
1.    Short Title, application and commencement
2.    Definitions
3.    Qualifications of an Actuary
Relevant Provisions of Statutes Referred
• The Companies Act, 1956
• The Securities Contract (Regulation) Act, 1956
• The Chartered Accountants Act, 1949
• The Indian Penal Code
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