BUILDING ACT 2004 - SECT 120 Actuary's role

BUILDING ACT 2004 - SECT 120

    (1)     The actuary for an approved scheme must, in accordance with the prudential standards—

        (a)     exercise the functions of actuary for the scheme prescribed under the prudential standards; and

        (b)     prepare, and give to the trustees of the scheme, the reports (if any) required under the prudential standards to be prepared by the actuary.

    (2)     A report under subsection (1) (b) must deal with everything required under the prudential standards to be dealt with in the report.