Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The Minister must appoint an actuary for this Act.
Note 1 For the making of appointments (including acting appointments), see the Legislation Act, pt 19.3.
Note 2 For example, an appointment may be made by naming a person or nominating the occupant of a position (see Legislation Act, s 207).
Note 3 Certain Ministerial appointments require consultation with an Assembly committee and are disallowable (see Legislation Act, div 19.3.3).
(2) The actuary must conduct an investigation of the state and adequacy of the money of the authority—
(a) when asked by the governing board; and
(b) in any event, at least once every 3 years.
(3) The actuary must report the results of the investigation to the governing board and state whether, in the actuary's opinion, any reduction or increase is necessary in the rates of levies payable to the authority by employers or contractors under this Act.
(4) The actuary must give the Minister a copy of
each report made under this section.