The Actuaries Act, 2006
9. Certificate of
practice. -
1.
No
member of the Institute shall be entitled to practice unless he fulfils the
qualifications as may be specified and obtains from the Council a certificate
of practice.
2.
A
member who desires to be entitled to practice shall make an application in such
form and pay such annual fee for certificate of practice as may be specified
and such fee shall be payable on or before the first day of April in each year.
3.
The
certificate of practice obtained under sub-section (1) may be cancelled by the
Council under such circumstances as may be specified.