s 180A
In forceNomination of scheme actuary
Chapter 6National Disability Insurance Agency
Part 6AActuarial assessment of financial sustainability
Division 1Scheme actuary and annual financial sustainability report
180A Nomination of scheme actuary
(1)
The Board must, in writing, nominate as scheme actuary an actuary:
(a)
who is a Fellow of The Institute of Actuaries of Australia; and
(b)
who the Board considers is a fit and proper person, and has appropriate skills, experience or knowledge, to be the scheme actuary; and
(c)
who is not the reviewing actuary.
(2)
The Board must, in writing, revoke the nomination if the nominee ceases to be a Fellow of The Institute of Actuaries of Australia.
(3)
Subsection (2) does not limit subsection 33(3) of the Acts Interpretation Act 1901 (which deals with revocation and variation of instruments).
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