law: Life Insurance Corporation Act, 1956 
  26. Actuarial
  
  valuations.- 
  
  The Corporation
  
  shall, once at least in every two; years cause an investigation to be made by
  
  actuaries into the financial conditions of the business of the Corporation,
  
  including a valuation of the liabilities of the corporation, and submit the
  
  report of the actuaries to the Central Government.