40 Periodical re-examination of existing schemes

40  Periodical re-examination of existing schemes

(1)     Where a trade union maintains a members' superannuation scheme, it shall arrange for the scheme to be examined periodically by an appropriately qualified actuary and for a report to be made to it by the actuary on the result of his examination.

(2)     The examination shall be of the scheme as it has effect at such date

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