The Actuaries Act, 2006
52. Power of Central
Government to issue directions. -
1.
For
the purposes of this Act, the Central Government may, from time to time, give
to the Council such general or special directions as it thinks fit, and the
Council shall, in the discharge of its functions under this Act, comply with
such directions.
2.
If,
in the opinion of the Central Government, the Council has persistently made
default in giving effect to the directions issued under sub-section (1), it
may, after giving an opportunity of being heard to the Council, by
notification, dissolve the Council, whereafter a new Council shall be
constituted in accordance with the provisions of this Act with effect from such
date as may be decided by the Central Government.
3.
Where
the Central Government has issued a notification under sub-section (2)
dissolving the Council, it may, pending the constitution of a new Council in
accordance with the provisions of this Act, authorise any person or body of
persons to take over the management of the affairs of the Council and to
exercise such functions as may be mentioned in the notification.