(1) The Board must appoint an actuary to make an actuarial investigation as to the state and sufficiency of the Parliamentary Contributory Superannuation Fund as at the specified date.
(2) The actuary must certify in the actuarial investigation the amount that is required to be paid to the Scheme in the financial years ending 30 June 2014 and 30 June 2015 in addition to the other assets and income of the Parliamentary Contributory Superannuation Fund to enable the liability for benefits provided for in Part 3 of the Parliamentary Salaries and Superannuation Act 1968 and the costs of administering that Act to be met.
(3) The Board must submit the actuary's report of the investigation to the Minister within the period of 6 months after the specified date.
(4) The Minister must cause the actuary's report submitted to the Minister under subsection (3) to be laid before the Legislative Council and the Legislative Assembly before the expiration of the seventh sitting day of the Legislative Council or the Legislative Assembly, as the case may be, after the actuary's report has been received by the Minister.
(5) The Treasurer may pay from the Consolidated Fund into the Scheme the amounts determined under subsection (2).
(6) The Consolidated Fund is to the necessary extent appropriated accordingly.
S. 22DT inserted by No. 61/2013 s. 14, amended by No. 5/2019 s. 81(1)(b).