Central Act
26
Section 26. Actuarial valuations.
The Life Insurance Corporation Act, 1956
In forceAll India (Central Act)
26. Actuarial valuations. 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].