8BAdjustment of reserves resulting from actuarial investigation

#### 8B Adjustment of reserves resulting from actuarial investigation 8B Adjustment of reserves resulting from actuarial investigation > > (1) STC may adjust the reserves within the Fund if a report by an actuary under section 10, or by an actuary otherwise appointed by STC, recommends that the adjustment be made. The adjustment may be made as at a date determined by STC, and may be a date before, on or after the commencement of this section. > > > (2) STC may only make the adjustment with the consent of the Minister after the Minister has considered the relevant report of the actuary and with the advice of the actuary. > > > (3) STC may adjust the contributors’ reserve or an employer reserve under this section despite any other provision of this Act. > > > (4) STC must publish in the Gazette a notice containing a description of any adjustments made to reserves under this section. > > > (5) STC’s decision to adjust a reserve under this section is binding on all contributors and employers, unless affected by a subsequent decision under this section. > > **s 8B:** Ins 1996 No 92, Sch 1.9 (1).