45ZA
In forceActuarial review
Part 5General matters for NTGPAS Scheme and NTGDI Scheme
Division 3Actuarial review
45ZA Actuarial review
(1) The Commissioner must have an actuarial review of both Schemes carried out as at 30 June 2010 or an earlier date directed by the Minister.
(2) A further actuarial review is to be carried out at an interval of 3 years from the previous one or, if the Minister directs an earlier review, as directed by the Minister.
(3)
The Commissioner may engage an actuary to carry out a review.
(4) The cost of engaging an actuary for the purposes of this section and the costs of the review are to be met by the Territory.
This Act’s bill:Second reading speech
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