A person appointed as a Member shall hold office for a term of three years from the date on which he enters upon his office or until he attains the age of sixty-seven years, whichever is earlier.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Incorporation of Institute.Section 4 · Transfer of assets, liabilities, etc., of Actuarial Society.Section 5 · Objects of Institute.Section 6 · Entry of names in register.Section 7 · Associates and fellows.Section 8 · Honorary, affiliate and student members.India Code, Government of India. Text fetched 13 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.