Div 5Reports

Division 5—Reports 15—Reports (1) The Board must, on or before 31 October in each year, submit a report to the Minister on the operation of this Act during the financial year ending on 30 June in that year. (4) The Minister must, in relation to the triennium ending 30 June 1993, and thereafter in relation to each succeeding triennium, obtain a report within 12 months after the end of the relevant triennium— (a) on the cost of the Scheme to the Government at the time of the report and in the foreseeable future; and (b) estimating the proportion of future benefits under this Act that can be met from the Fund. (4a) A report under subsection (4) must be prepared by an actuary, not being a member of the Board, appointed by the Minister. (5) The Minister must, within six sitting days after receiving a report under this section, have copies of the report laid before both Houses of Parliament.