Section 39: Companies not to engage in actuarial practice.

The Actuaries Act, 2006Central Act · Act 35 of 2006

(1) No company, whether incorporated in India or elsewhere, shall practice as Actuaries.

(2) Any company contravening the provisions of sub-section (1) shall be punishable on first conviction with fine which may extend to ten thousand rupees, and on any subsequent conviction with fine which may extend to twenty-five thousand rupees.

Where this provision sits

Act	The Actuaries Act, 2006
Section	39
Marginal note	Companies not to engage in actuarial practice.
Jurisdiction	Central
Status	In force as published by the source

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