Section 19 of AA 2006 : Section 19: Functions Of Council

Explanation using Example

Imagine a person named Priya who has recently completed her postgraduate degree in Mathematics. She is interested in pursuing a career as an actuary. To achieve this, she needs to pass a series of professional examinations conducted by the Actuarial Society in her country.

The Council, as per Section 19 of The Actuaries Act, 2006, is responsible for organizing these examinations. Priya registers for the exam and pays the specified fees, which the Council has the authority to set (Section 19(2)(a)).

Once Priya passes her exams, the Council will verify her qualifications to ensure they meet the standards for entry into the professional register (Section 19(2)(b)...

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