[The Board] shall, [every year], cause an investigation to be made by actuaries into the financial conditions of the [life insurance business of the Corporation, including a valuation of the liabilities of the Corporation in respect thereto], and submit the report of the actuaries to the [Board].
Section 26: Actuarial valuations.
The Life Insurance Corporation Act, 1956Central Act · Act 31 of 1956
Where this provision sits
| Act | The Life Insurance Corporation Act, 1956 |
|---|---|
| Section | 26 |
| Marginal note | Actuarial valuations. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- substituted, Act 13 of 2021. .Subs. by Act 13 of 2021, s. 138, for "The Corporation" (w.e.f. 30-6-2021).
- substituted, Act 8 of 2012. . Subs. by Act 8 of 2012, s. 4, for "once at least in every two years" (w.e.f. 31-3-2012).
- substituted, Act 33 of 1965. . Subs. by Act 33 of 1965, s. 2, for certain words (w.e.f. 29-9-1965).
- substituted, Act 13 of 2021. . Subs. by Act 13 of 2021, s. 138, for "Central Government" (w.e.f. 30-6-2021).
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