Unqualified person not to sign documents
Section 40 of the Actuaries Act, 2006 deals with unqualified person not to sign documents. No person other than a fellow member of the Institute shall sign any document on behalf of an Actuary in practice or a firm of such Actuaries in his or its professional capacity. The Act came into force on 10 Nov 2006.
(1) No person other than a fellow member of the Institute shall sign any document on behalf of an Actuary in practice or a firm of such Actuaries in his or its professional capacity.
(2) Any person contravening the provisions of sub-section (1) shall, without prejudice to any other proceedings which may be taken against him, be punishable on first conviction with fine which may extend to fifty thousand rupees, and on any subsequent conviction with imprisonment which may extend to one year, or with fine which may extend to one lakh rupees, or with both.
Section 40, The Actuaries Act, 2006 (Act 35 of 2006).
Questions about Section 40
What does Section 40 of the Actuaries Act deal with?
Section 40 of the Actuaries Act is headed "Unqualified person not to sign documents". No person other than a fellow member of the Institute shall sign any document on behalf of an Actuary in practice or a firm of such Actuaries in his or its professional capacity.
How do I find court cases under Section 40 of the Actuaries Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Actuaries Act 2006 40, section 40 Actuaries Act 2006, section 40 of the Actuaries Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 40 of the Actuaries Act come into force?
Section 40 of the Actuaries Act, cited as Actuaries Act 2006 40, came into force on 10 Nov 2006, having been enacted on 27 Aug 2006. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions500 words
- 12. Composition of Council of Institute453 words
- 22. Finances of Council384 words
- 6. Entry of names in register381 words
- 19. Functions of Council380 words
- 56. Power to make regulations372 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 19 Oct 2026. This page is not a substitute for legal advice.