Objects of Institute

Section 5 of the Actuaries Act, 2006 deals with 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; The Act came into force on 10 Nov 2006.

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.

Section 5, The Actuaries Act, 2006 (Act 35 of 2006).