Section 50 of AA 2006 : Section 50: Maintenance Of More Than One Offices By Actuary
AA 2006
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Explanation using Example
Imagine an actuarial firm, 'Optimal Actuarial Services', which provides actuarial consulting across India with its head office in Mumbai and regional offices in Delhi, Bangalore, and Kolkata. According to Section 50(1) of The Actuaries Act, 2006, each of these offices must be under the direct supervision of a fellow member of the Institute of Actua...
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