The Actuaries Act, 2006
5. Objects of Institute.-
The objects of the Institute shall be-
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.