OpenLegislation

Regulation 8 Actuary's certificates

Original text. Later amendments are not shown.

In preparing a certificate under regulation B8 of the principal regulations for any period beginning after 31st March 1986 in respect of the superannuation fund maintained by the National Water Council, the actuary is to take into consideration as circumstances peculiar to a new employing body—

(a)

the benefits provided by the principal regulations and these regulations in respect of transferred employees, and

(b)

any amount paid in to the fund in respect of the proceeds of the surrender of policies of insurance relating to such employees.