South Australian Consolidated Acts South Australian Consolidated Acts9—Provisional recommendations where society has a surplus
If the Minister after considering a report of an investigation carried out by
an actuary appointed by the Minister for the purpose is satisfied that the
assets of a benefit association are in excess of those required to meet the
liabilities of the association he may make a provisional recommendation
relating to all or any of the following matters:
(a) the
reduction, variation or adjustment of contributions payable by existing or
future members or any of them;
(b) the
use, disposal or distribution of any surplus or profits;
(c) the
increase, variation, or adjustment of benefits provided for existing or future
members or any of them;
(d) the
limitation or reduction of management expenses including commissions and
allowances payable by the association;
(e) any
matters incidental to any of those mentioned in the preceding paragraphs of
this section.