83Solvency certificate

83 Solvency certificate (1) A scheme's actuary must give the trustees of the scheme a solvency certificate as soon as practicable after the end of each financial year to enable the trustees to comply with regulation 92. (2) The actuary must also give the trustees a solvency certificate: (a) within 3 months after the date on which the scheme is approved or a longer period as approved in writing by the Minister; and (b) at any other time if the Minister has, in writing, required the trustees to provide the Minister with the certificate. (3) A solvency certificate must be signed by the actuary and must include the following: (a) a statement that the actuary is satisfied about the solvency of the scheme; (b) any other information the Minister specifies by Gazette notice.

Chapter 3 Fidelity fund schemes and approved schemes Part 3.4 Approved schemes – prudential standards Division 4 Records, plans and reports Building (RBI and Fidelity Fund Schemes) Regulations 2012 46 (4) As soon as practicable after the trustees are given a solvency certificate under subregulation (2), the trustees must give the certificate (or a certified copy) to the Minister.