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COMMONWEALTHAct
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s 180E

Duties of reviewing actuary

In force
Chapter 6National Disability Insurance Agency
Part 6AActuarial assessment of financial sustainability
Division 2Reviewing actuary

180E Duties of reviewing actuary

(1)

The reviewing actuary must, on request by the Board, review and report to the Board on actuarial reports and advice received by the Board.

(2)

The reviewing actuary must review and report to the Board on each annual financial sustainability report and summary prepared under section 180B.

(3)

The reviewing actuary must include in each of his or her reports under subsection (2) a statement whether he or she is satisfied that the Agency made all arrangements necessary for him or her to conduct the review to which the report relates.

(4)

If the reviewing actuary has significant concerns about the financial sustainability of the National Disability Insurance Scheme, or the risk management processes of the Agency, he or she must report those concerns to the Board as soon as reasonably practicable.

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