The Actuaries Act, 2006
16. Establishment of
Tribunal. -
1.
On
receipt of any application under section 15, the Central Government shall, by
notification, establish a Tribunal consisting of a Presiding Officer and two
other Members to decide such dispute and the decision of such Tribunal shall be
final.
2.
A
person shall not be qualified for appointment,-
a. as a Presiding
Officer of the Tribunal unless he has been a member of the Indian Legal Service
and has held a post in Grade I of the service for at least three years;
b. as a Member unless he
has been a member of the Council for at least one full term and who is not a
sitting Member of the Council or who has not been a candidate in the election
under dispute; and
c. as a Member unless he
holds the post of a Joint Secretary to the Government of India or any other
post under the Central Government carrying a scale of pay which is not less
than that of a Joint Secretary to the Government of India.
1.
2.
3.
The
terms and conditions of service of the Presiding Officer and Members of the
Tribunal, their place of meetings, remuneration and allowances shall be such as
may be prescribed.
4.
The
expenses of the Tribunal shall be borne by the Council.