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S.L. 171.2 · Port Workers Regulations (S.L. 171.2)

S.L. 171.2 ст. 36AReview of the Fund by independent actuary.

ДействуетОфициальный текст

Every five years a review of the Fund shall be carried out by an independent actuary appointed by the Committee in order to determine whether the contributions to the Fund are adequate to meet future obligations over the ensuing ten year period and should the review conclude that the contributions are insufficient to meet such needs, the Authority shall take the necessary steps to increase the level of contributions to ensure adequacy of the Fund:

Provided that the Government shall at all times guarantee that the Fund is maintained at a level which will enable it to meet its present and future obligations and outflow commitments as determined by the actuary from time to time.

История изменений
  • Amended by L.N. 67 of 2010