PART 9
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FINANCIAL MANAGEMENT OF FUNDS
Division 9.5
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Actuarial standards relating to defined benefit funds that are self-managed superannuation funds
History
Div 9.5 heading substituted by SLI No 155 of 2013, reg 4 and Sch 2 item 13, effective 1 July 2013. Div 9.5 heading formerly read:
Division 9.5
-
Actuarial standards relating to defined benefit funds
REGULATION 9.30
ACTUARIAL REPORTING STANDARD
9.30(1)
A trustee of a defined benefit fund or a defined benefit sub-fund must obtain an actuarial report in accordance with this regulation in relation to each investigation that is required to be made under regulation
9.29
or
9.29A
in relation to the fund or sub-fund.
9.30(2)
The actuarial report must be obtained within the period of 12 months commencing on the date immediately following the valuation date in relation to the fund or sub-fund.
9.30(3)
The actuarial report must contain the information mentioned in regulation
9.31
.
History
Reg 9.30 substituted by SLI No 155 of 2013, reg 4 and Sch 2 item 19, effective 1 July 2013. Reg 9.30 formerly read:
REGULATION 9.30 ACTUARIAL REPORTING STANDARD
9.30(1)
A trustee of a defined benefit fund must obtain an actuarial report in accordance with this regulation in relation to each investigation required to be made under regulation
9.29
in relation to the fund.
9.30(2)
The actuarial report must be obtained within the period of 12 months commencing on the date immediately following the valuation date in relation to the fund.
9.30(3)
The actuarial report must contain:
(a)
in relation to a private sector fund or a fully funded public sector superannuation scheme
-
the matters specified in regulation
9.31
; and
(b)
in relation to a public sector superannuation scheme that is not fully funded
-
the matters specified in regulation
9.32
.