Section 57
Valuation of assets and liabilities
of Employment Insurance System Act 2017
ActIn forceProvision 57 of 90
Section 57
(1)
The Board shall, in every five years, cause an actuarial review to be carried out on the implementation of the System under this Act, involving a valuation of the assets and liabilities of the
Organization, and such report shall be submitted to the Minister.
(2)
Notwithstanding subsection (1), the Minister may direct that such actuarial review and the valuation of the assets and liabilities to be made at any other time as he considers necessary.
Employment Insurance System 47