The Actuaries Act, 2006 · IV — MISCONDUCT

Section 30. Member to be afforded opportunity of being heard

In force · As amended up to 2026-08

30. Member to be afforded opportunity of being heard . — Where the Council is of the opinion that a member is guilty of a professional or other misconduct mentioned in the Schedule, it shall afford to the member a reasonable opportunity of being heard before making any order against him and may thereafter take any one or more of the following actions, namely: — - (a) reprimand the member; or - (b) remove the name of the member from the register permanently or for such period, as it thinks fit. - (c) impose such fine as it may think fit, which may extend to five lakh rupees. Explanation . — For the purposes of this section, "member of the Institute" includes a person who was a member of the Institute on the date of the alleged misconduct although he has ceased to be a member of the Institute at the time of the inquiry.

Source: India Code