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The Actuaries Act, 2006

THE SCHEDULE (See section 31)


Professional misconduct in relation to the members of the Institute in service A member of the Institute (other than a member in practice) shall be deemed to be guilty of professional misconduct, if he being an employee of any company, firm or person,-

1.  pays or allows or agrees to pay directly or indirectly to any person any share in the emoluments of the employment undertaken by him; or

2.  accepts or agrees to accept any part of fees, profits or gains by way of commission or gratification; or

3.  discloses confidential information acquired in the course of his employment except as and when required by law or except as permitted by his employer.

Actuaries Act, 2006 Back

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