BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
82Trustees to ensure solvency
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82 Trustees to ensure solvency (1) The trustees of a scheme must ensure that, at all times, the amount of the scheme's assets are sufficient to meet the trustees' obligations: (a) to each beneficiary under a certificate; and (b) to all other creditors of the scheme. (2) The scheme's actuary must give the trustees a document specifying a range of adverse conditions for which there must be sufficient assets in the approved scheme to meet the trustees' obligations. (3) The trustees must take into account the document given to them by the actuary.