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Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)

Chapter III : Compensation Fund and Reserve Fund

17. Valuation of compensation fund


(1) The assets and liabilities of the compensation fund shall from time to time, as the Director-General may consider necessary, but in any event at intervals of not more than three years, be valued by an actuary appointed by the Minister to determine the sufficiency of the fund.


(2) The result of the valuation referred to in subsection (1) shall be included in the next annual report of the Director-General succeeding the completion of the valuation.