(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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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 6 · Entry of names in register.Section 7 · Associates and fellows.Section 8 · Honorary, affiliate and student members.Section 9 · Certificate of practice.India Code, Government of India. Text fetched 13 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.