law: The Actuaries Act, 2006
  16. Establishment of
  
  Tribunal. - 
  1. 
  
   On
  
  receipt of any application under section 15, the Central Government shall, by
  
  notification, establish a Tribunal consisting of a Presiding Officer and two
  
  other Members to decide such dispute and the decision of such Tribunal shall be
  
  final.
  2. 
  
   A
  
  person shall not be qualified for appointment,-
  a.    as a Presiding
  
  Officer of the Tribunal unless he has been a member of the Indian Legal Service
  
  and has held a post in Grade I of the service for at least three years;
  b.   as a Member unless he
  
  has been a member of the Council for at least one full term and who is not a
  
  sitting Member of the Council or who has not been a candidate in the election
  
  under dispute; and
  c.    as a Member unless he
  
  holds the post of a Joint Secretary to the Government of India or any other
  
  post under the Central Government carrying a scale of pay which is not less
  
  than that of a Joint Secretary to the Government of India.
  1. 
  
    
  2. 
  
    
  3. 
  
   The
  
  terms and conditions of service of the Presiding Officer and Members of the
  
  Tribunal, their place of meetings, remuneration and allowances shall be such as
  
  may be prescribed.
  4. 
  
   The
  
  expenses of the Tribunal shall be borne by the Council.