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Paragraph 111 Contingent liabilities

United Kingdom

The Minister of Finance shall ensure that all contingent liabilities of the Government, including pension and healthcare liabilities, are subjected to independent actuarial assessment at least every two years, and shall report the information provided by any such assessment to the F1Parliament within two months of receiving it.

Annotations

Textual amendments

F1

Word in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 8(1) (with arts. 4, 8(2))

Notes on Schedule 2

Commencement

I1

Sch. 2 in force at 15.10.2012, see art. 1(2)