Life Insurance Corporation Act, 1956 · Chapter VI: Finance, Accounts and Audit
Section 26: Actuarial valuations
[The Board] shall, [every year], cause an investigation to be made by actuaries into the financial conditions of the [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 [Board].
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.