The Actuaries Act, 2006
8. Honorary,
affiliate and student members. -
1.
The
Council may choose, in such manner as may be specified, any person of eminence
in matters relating to and of interest to the profession of Actuary as an
honorary member of the Institute provided that he is not practicing as an
Actuary.
2.
Any
person, who is a fellow member, or is a holder of membership considered
equivalent to the fellow membership of the Institute, of any other institution
similar to the Institute, whether within or outside India, may be admitted as
an affiliate member for such period, and on such terms and conditions as may be
specified.
3.
Any
person who enrolls himself for examination of the Institute, and possesses such
academic qualifications as may be specified, may be admitted as a student
member of the Institute on such terms and conditions as may be specified.
4.
An
honorary member or an affiliate member or a student member shall have no right
to vote on any matter or resolution in any meeting of the Institute.