Section 50
Maintenance of more than one offices by Actuary.
About this Act
An Act to provide for regulating and developing the profession of Actuaries and for matters connected therewith or incidental thereto.
(1) Where an Actuary in practice or a firm
of such Actuaries has more than one offices within or outside India, each one of such offices shall be in
the separate charge of a fellow member of the Institute:
Provided that the Council may in suitable cases exempt any Actuary in practice or firm of such Actuaries from the operation of this sub-section.
(2) Every Actuary in practice or a firm of such Actuaries maintaining more than one office shall send to the Council a list of offices and the person in charge thereof and shall keep the Council informed of any changes in relation thereto.
Provided that the Council may in suitable cases exempt any Actuary in practice or firm of such Actuaries from the operation of this sub-section.
(2) Every Actuary in practice or a firm of such Actuaries maintaining more than one office shall send to the Council a list of offices and the person in charge thereof and shall keep the Council informed of any changes in relation thereto.