26. Actuarial valuations
[The Board] shall, [every year], cause an investigation to be made by actuaries into the financial conditions of the [life insurance business of the Corporation, including a valuation of the liabilities of the Corporation in respect thereto], and submit the report of the actuaries to the [Board].
Amendment notes (4)
- Subs w.e.f. 30-6-2021 .Subs. by Act 13 of 2021, s. 138, for "The Corporation" (w.e.f. 30-6-2021).
- Subs w.e.f. 31-3-2012 . Subs. by Act 8 of 2012, s. 4, for "once at least in every two years" (w.e.f. 31-3-2012).
- Subs w.e.f. 29-9-1965 . Subs. by Act 33 of 1965, s. 2, for certain words (w.e.f. 29-9-1965).
- Subs w.e.f. 30-6-2021 . Subs. by Act 13 of 2021, s. 138, for "Central Government" (w.e.f. 30-6-2021).