Document ID: chunk:federal_register_of_legislation:F2023C00046:clause:1_17:p2
Version: federal_register_of_legislation:F2023C00046
Segment Type: clause
Provision Reference: sch 1 cl 17 (pt 2/2)
Character Range: 36678–37562

mentioned in that subparagraph from the day the income stream began being paid.
 (2) An income stream meets the requirements of this subsection if:
 (a) the Commission is satisfied that there is in force a current actuarial certificate that states that in the actuary's opinion there is a high probability that the provider of the income stream will be able to pay the income stream as required under the contract or governing rules under which the income stream is provided; or
 (b) for a period beginning when an actuarial certificate mentioned in paragraph (a) ceases to be in force and ending not more than 26 weeks later, an actuarial certificate of that kind is not in force.
 (3) In considering the matter mentioned in paragraph (2)(a), the Commission must have regard to any guidelines determined under subsection 5JA(1B) or 5JB(1D) of the Act that apply to the income stream.