National Disability Insurance Scheme—Rules for the Scheme Actuary 2013 (Cth)

National Disability Insurance Scheme—Rules for the Scheme Actuary 2013

I, WILLIAM RICHARD SHORTEN, Minister for Financial Services and Superannuation, determine these rules under section 180C of the National Disability Insurance Scheme Act 2013.

Dated 25 June 2013.

WILLIAM RICHARD SHORTEN Minister for Financial Services and Superannuation

Contents

Part 1 Preliminary 1 Name of instrument 2 Commencement 3 Interpretation Part 2 General performance of duties 4 Scheme actuary to advise on NDIS processes 5 Scheme actuary to report on estimated future expenditure 6 Data for annual financial sustainability report and quarterly future expenditure reports 7 Professional standards Part 3 Content of annual financial sustainability report 8 General assessment and recommendations 9 Recent experience 10 Projections 11 Administrative infrastructure, processes and risk management 12 Other material matters

Part 1 Preliminary

1 Name of instrument These Rules are the National Disability Insurance Scheme—Rules for the Scheme Actuary 2013.

2 Commencement These Rules commence on the later of: (a) the day after they are registered; and (b) 1 July 2013.

3 Interpretation In these Rules: Act means the National Disability Insurance Scheme Act 2013. Agency—see section 9 of the Act. Board—see section 9 of the Act. annual financial sustainability report—see section 9 of the Act. NDIS means the National Disability Insurance Scheme (as defined in section 9 of the Act). risk management arrangements, of the Agency, means all of the systems, structures, cultures, processes, policies and people that identify, assess, mitigate and monitor all sources of risk, both internal and external, to financial sustainability.