Victorian Numbered Acts Victorian Numbered Acts(1) If an employer disputes the final revised assessment made under section 406 as at the end of the liability period, the employer may appoint an actuary to review the final revised assessment.
(2) The employer must pay the cost of conducting the review.
(3) The actuary appointed by the employer must provide comments to the actuary who made the final revised assessment within 28 days of the employer receiving a copy of the final revised assessment.
(4) If the actuary appointed by the employer and the actuary who made the final revised assessment are unable to reach agreement, the employer and the Authority may agree—
(a) to jointly appoint another actuary to review the final revised assessment; and
(b) to be bound by the decision of that actuary.
(5) The costs of a review conducted under subsection (4) are to be borne equally by the employer and the Authority.
(6) If—
(a) the actuary appointed by the employer and the actuary who made the final revised assessment were unable to reach agreement; and
(b) the employer and the Authority do not enter into an agreement under subsection (4) within 28 days after the period referred to in subsection (3)—
the final revised assessment under section 406 is by virtue of this subsection binding on the employer and the Authority.