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4. Persons who may be actuaries

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(1)

For the purposes of the Act other than sections 49FC(2) and 49FO(9) of the Act, and these Regulations —

(a)

an appointed actuary shall be a Fellow of the Singapore Actuarial Society; (b)a certifying actuary shall be a Fellow of any association recognised by the International Actuarial Association; and (c)an actuary shall be an appointed actuary or a certifying actuary, whichever is applicable. (2) For the purposes of sections 49FC(2) and 49FO(9) of the Act, an actuary shall be a Fellow of the Singapore Actuarial Society.

Subregulation 1

For the purposes of the Act other than sections 49FC(2) and 49FO(9) of the Act, and these Regulations —

(a)

an appointed actuary shall be a Fellow of the Singapore Actuarial Society; (b)a certifying actuary shall be a Fellow of any association recognised by the International Actuarial Association; and (c)an actuary shall be an appointed actuary or a certifying actuary, whichever is applicable.

Subregulation 2

For the purposes of sections 49FC(2) and 49FO(9) of the Act, an actuary shall be a Fellow of the Singapore Actuarial Society.

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