Income Tax Assessment Regulations 1997 (Repealed)
SCHEDULE 1AA
Any other assumptions which may be necessary are to be set by the actuary responsible for calculating the new entrant rate.
19(2)
The assumptions are to be based on the assumptions used in the most recent actuarial valuation of the fund, unless the actuary believes, having regard to the expected future experience of the fund, that they are no longer appropriate.
19(3)
If the actuary believes that the assumptions used in the most recent actuarial valuation are no longer appropriate, the assumptions should be set on a best estimate basis.
Note: See subregulation 293-115.20(2) .
WORKING OUT DEFINED BENEFIT CONTRIBUTIONS
PART 3 - VALUATION PARAMETERS 19 Other assumptions to be set by the actuary 19(1)Any other assumptions which may be necessary are to be set by the actuary responsible for calculating the new entrant rate.
19(2)
The assumptions are to be based on the assumptions used in the most recent actuarial valuation of the fund, unless the actuary believes, having regard to the expected future experience of the fund, that they are no longer appropriate.
19(3)
If the actuary believes that the assumptions used in the most recent actuarial valuation are no longer appropriate, the assumptions should be set on a best estimate basis.
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