Life Insurance Corporation Act : Actuarial valuations. Indian Bare Acts :

Life Insurance Corporation Act,1956

Act No : 31

Section : Actuarial valuations.

26. Actuarial valuations. The Corporation shall, once at least in every two years, cause an investigation to be made by actuaries into the financial condition of the 1*[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 Central Government.