Act Number: 35

Act Name: The Actuaries Act, 2006

Year: 2006

Enactment Date: 2006-08-27

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

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 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.
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