Singapore legislation
Section 18
Section 18
Establishment of ElderCare Fund
(1)
A fund called the ElderCare Fund is established, into which must be paid —
(a)
all capital moneys as are appropriated from time to time from the Consolidated Fund and authorised to be paid into the ElderCare Fund by this Act or any other written law;
(b)
gifts or bequests given or made for the purpose of the ElderCare Fund; and
(c)
the net income from investments of capital moneys in the ElderCare Fund.
(2)
The ElderCare Fund must be regarded as a Government fund and as comprising public moneys for the purposes of any other written law.