BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
59Special actuary's report
Start here
Get a plain-English read of 59
Turn the raw legal text into a practical explanation grounded in BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012.
59 Special actuary's report For section 54EG(3) of the Act, a special actuary's report must contain a statement of the special actuary's opinion about each of the following: (a) the adequacy of the whole or part of the amount stated in the scheme's accounts in relation to its liabilities, and the amount that the scheme's actuary considers would be adequate in the circumstances; (b) the accuracy of any relevant valuations made by the scheme's actuary;
Chapter 3 Fidelity fund schemes and approved schemes Part 3.3 Approved schemes – general matters Division 3 Requests from Minister Building (RBI and Fidelity Fund Schemes) Regulations 2012 33 (c) the assumptions used by the scheme's actuary in making the valuations; (d) the relevance, appropriateness and accuracy of the information on which those valuations were based; (e) any other matter relevant to the special actuary's investigation that the Minister directs the special actuary to give an opinion about. Division 3 Requests from Minister