Div 4Reports

Division 4—Reports 21—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 1992, 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 Part 5 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 6 sitting days after receiving a report under this section, have copies of the report laid before both Houses of Parliament.