Reg 18W omitted by SR No 213 of 1993, reg 15.1, effective 1 July 1992. Reg 18W formerly read:
18W(1)
The trustees of a fund must obtain a further certificate of an actuary, under regulation 18U or 18V, if:
(a)
the governing rules of the fund are altered to grant new or improved benefits to a member of the fund; or
(b)
a payment is made from the fund to an employer of a member.
18W(2)
For the purposes of this regulation, regulation 18U applies to a further certificate as if a reference in that regulation:
(a)
to a certificate were a reference to a further certificate; and
(b)
to a period of 5 years were a reference to the period from the beginning of the day on which the actuary signs the further certificate to the end of the period of 5 years to which the current certificate issued under regulation 18U relates.
18W(3)
For the purposes of this regulation, regulation 18V applies to a further certificate as if a reference in that regulation:
(a)
to a certificate were a reference to a further certificate; and
(b)
to a period of 12 months were a reference to the period from the beginning of the day on which the actuary signs the further certificate to the end of the period of 12 months to which the current certificate issued under regulation 18V relates.
Reg 18W inserted by SR No 223 of 1992, reg 8.1, effective 1 July 1992.
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