Singapore legislation

Section 21

of Medical and Elderly Care Endowment Schemes Act 2000

Section 21

Application of income of ElderCare Fund

The income of the ElderCare Fund may be paid out and expended for all or any of the following purposes only:

(a)

for the provision of subventions to any approved providers of step-down care for the purpose of defraying in whole or in part the recurrent costs in providing step‑down care;

(b)

for purposes authorised under this Act to be paid out from the Fund;

(c)

for any other purposes relating to step-down care that may be prescribed.

Section 21 — Medical and Elderly Care Endowment Schemes Act 2000