Western Australian Consolidated Acts

PARLIAMENTARY SUPERANNUATION ACT 1970 - SECT 27

27 .         Actuarial investigation

        (1)         An actuary shall — 

            (a)         assess the actual and contingent liabilities of the Consolidated Account under section 26 as at 30 June 1990 and as at every 3rd anniversary of that date; and

            (b)         report to the Treasurer within 6 months after the assessment date, or within such longer period as the Treasurer may allow.

        (2)         In subsection (1) actuary in respect of an assessment required to be made under that subsection means — 

            (a)         a Fellow or accredited member of the Institute of Actuaries of Australia; or

            (b)         a person of whose actuarial knowledge and experience the Treasurer approves,

                who is appointed by the Treasurer to make that assessment.

        [Section 27 inserted by No. 31 of 1989 s. 13; amended by No. 6 of 1993 s. 11; No. 37 of 2000 s. 16; No. 77 of 2006 s. 4.]