1[The Board] shall, 2[every year], cause an investigation to be made by
actuaries into the financial conditions of the 3[life insurance business of the Corporation, including a
valuation of the liabilities of the Corporation in respect thereto], and submit the report of the actuaries to the 4[Board].
1 .Subs. by Act 13 of 2021, s. 138, for "The Corporation" (w.e.f. 30-6-2021).
2. Subs. by Act 8 of 2012, s. 4, for "once at least in every two years" (w.e.f. 31-3-2012).
3. Subs. by Act 33 of 1965, s. 2, for certain words (w.e.f. 29-9-1965).
4. Subs. by 13 of 2021, s. 138, for "Central Government" (w.e.f. 30-6-2021).