law: The Actuaries Act, 2006
  7. Associates and
  
  fellows. - 
  1. 
  
   The
  
  members of the Institute shall be divided into two classes designated
  
  respectively as associates and fellows.
  2. 
  
   Any
  
  person other than a person to whom the provisions of sub-section (3) apply,
  
  shall, on his name being entered in the register, be deemed to have become an
  
  associate and as long as his name remains so entered, shall be entitled to use
  
  the letters "AIAI" after his name to indicate that he is an
  
  associate.
  3. 
  
   Any
  
  person who was a fellow of the Actuarial Society and who is entitled to have
  
  his name entered in the register under clause (a) of sub-section (1) of section
  
  6 shall be entered in the register as a fellow.
  4. 
  
   Any
  
  person whose name is entered in the register as fellow shall, so long as his
  
  name remains so entered, be entitled to use the letters "FIAI" after
  
  his name to indicate that he is a fellow.