The expenditure of the Board shall be borne by the Council.
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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.