Section 63
Valuation of assets and liabilities
of Housewives' Social Security Act 2022
ActIn forceProvision 63 of 97
Section 63
(1)
The Board shall, in every five years, cause an actuarial review to be carried out on the implementation of the Scheme 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.