Section 21

Committees of Council.

The Actuaries Act, 2006

  • Act 35 of 2006
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for regulating and developing the profession of Actuaries and for matters connected therewith or incidental thereto.

All sections
    (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.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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