The Actuaries Act, 2006
21. Committees of
Council. -
1.
The
Council may constitute such committees from amongst its members, and co-opt
therein persons who are not members of the Institute, as it deems necessary for
the purpose of carrying out the provisions of this Act: Provided that the
number of co-opted members shall not exceed one-third of the total membership
of the committee.
2.
Every
committee constituted under this section shall elect its own Chairman: Provided
that-
i.
where
the President is a member of such committee, he shall be the Chairman of such
committee, and in his absence, the Vice-President, if he is a member of such
committee, shall be its Chairman; and
ii.
where
the President is not a member of such committee but the Vice-President is a
member, he shall be its Chairman.
1.
2.
3.
The
committees shall exercise such functions and be subject to such conditions as
may be specified.