91Appointment of actuary

91 Appointment of actuary (1) The Minister must appoint an actuary for the Scheme. (2) The actuary must conduct, as requested by the Minister but at least once every 3 years, a review of: (a) the administration of the scheme (including any financial aspect of that administration); and (b) the methods used in working out long service benefits; and (c) the levy rate.

Construction Industry Long Service Leave and Benefits Act 2005 56 (3) The actuary must provide the Minister with a report on the review within the time specified by the Minister. (4) The actuary may make any recommendation in the report about any of the matters mentioned in subsection (2)(a), (b) or (c). (5) Without limiting subsection (4), the actuary may recommend a new levy rate. (6) The actuary must do the following in relation to a report that the Minister has asked for under section 33(5): (a) review relevant material relating to the entitlement of registered workers who carry out the construction work to long service leave or long service benefits; (b) make a recommendation about the percentage to be the determined percentage under that section for the excess amount in order to ensure the funding of those long service benefits; (c) provide the Minister with the report about the review and recommendation within the time specified by the Minister. (7) The Minister must table in the Legislative Assembly a copy of a report under subsection (3) or (6) within 6 sittings days after receiving the report.