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Sample Actuarial Certification               The Trustees       1 Smith Street       Melbourne VIC 3000               Dear Trustees               Actuarial Certification for the purposes of:       s.273A/281 of the Income Tax Assessment Act       r.2.29A of the Superannuation Industry Supervision Regulations             I am pleased to provide this certification in accordance with the Income Tax Assessment Act and the SIS regulations.             Information               This certification relates to the following information provided:                                                 A summary of the pensioner details and the Fund’s asset information provided is set out in Appendix A.           Actuarial Assumptions       The assessment of the value of current pension liabilities is based on assumptions in respect of future earnings rates on various asset classes. These asset assumptions may be summarised as follows:             Asset Class Expected earning rate % pa Volatility % pa   Australian shares 7.20% 17.00%   Overseas shares 7.00% 18.00%   Fixed income 5.50% 5.00%   Property 6.00% 4.00%   Cash 4.50% 2.00%   CPI 2.50% 1.00%           In addition, the mortality of pensioners is assumed to be subject to the Australian Life Tables 1995-97.           Results               Based on the information provided and assumptions made, the results of the actuarial assessment are as follows:           Segregated current pension liabilities Non-segregated current pension liabilities Superannuation liabilities other than current pension liabilities Expected rate of the earnings on assets 7.20% 7.20%   Assumed earning rate 7.20% 7.20%   The actuarial value of liabilities at the certification date       The average actuarial value of liabilities during the year.       The estimated rate or amount of any recommended future contributions at the certification date       Value of assets supporting liabilities at certification date.               Actuarial Certification       I am satisfied that the amount of the assets, if accumulated after the particular time at the expected rate of the fund's earnings on those assets, would provide the amount required to discharge in full the whole or the part, as the case may be, of the current pension liabilities as they fall due. I further confirm that the valuation is consistent with Guidance Notes 451 or 452 as issued by the Institute of Actuaries of Australia.         Yours sincerely