The Actuaries Act, 2006
THE SCHEDULE (See
section 31)
PART II
Professional
misconduct in relation to the members of the Institute in service A member of
the Institute (other than a member in practice) shall be deemed to be guilty of
professional misconduct, if he being an employee of any company, firm or
person,-
1.
pays
or allows or agrees to pay directly or indirectly to any person any share in
the emoluments of the employment undertaken by him; or
2.
accepts
or agrees to accept any part of fees, profits or gains by way of commission or
gratification; or
3.
discloses
confidential information acquired in the course of his employment except as and
when required by law or except as permitted by his employer.