South Australian Numbered Regulations

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RETURN TO WORK REGULATIONS 2015 (NO 29 OF 2015) - REG 62

62—Insurer of last resort (section 167 of Act)

For the purposes of section 167(4) of the Act—

            (a)         the actuarial guidelines approved by the Corporation from time to time for the purposes of the calculation of financial guarantees under Schedule 3 clause 8

; and

            (b)         the principle that a scaling factor equal to the scaling factor that applies under Schedule 3 clause 8(2)(a)

should be applied to any actuarial determination of the value of liabilities,

are prescribed for estimating and capitalising liabilities under that section.

"Part 10—Miscellaneous"



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