Provisional recommendations where society has a surplus
9 Provisional recommendations where society has a surplus
If the Minister after considering a report of an investigation carried out by an actuary appointed by the Minister for the purpose is satisfied that the assets of a benefit association are in excess of those required to meet the liabilities of the association he may make a provisional recommendation relating to all or any of the following matters:
the reduction, variation or adjustment of contributions payable by existing or future members or any of them;
the use, disposal or distribution of any surplus or profits;
the increase, variation, or adjustment of benefits provided for existing or future members or any of them;
the limitation or reduction of management expenses including commissions and allowances payable by the association;
any matters incidental to any of those mentioned in the preceding paragraphs of this section.
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