Northern Territory Numbered Acts Northern Territory Numbered Acts(1) An industry board must appoint an actuary (the board's actuary ) to provide advice about:
(a) the amount of the defined weekly payment benchmark for each financial year under section 47 ; and
(b) measures to achieve or maintain the adequacy of its financial resources; and
(c) the management of the long service leave scheme for its designated sector, especially taking into account relevant prudential frameworks.
(2) The board's actuary may be (but does not need to be) the actuary appointed under section 68 (2).
(3) This section does not limit the ability of an industry board to obtain advice on any other matter from an actuary.