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Bare acts > Actuaries Act, 2006 > Section 39

  
  
 
    
 


39. Companies not to engage in actuarial practice. – (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.

 

 

 

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