Singapore legislation

Section 34

of Medical and Elderly Care Endowment Schemes Act 2000

Section 34

Financial year of Medifund and ElderCare Fund

(1)

The financial year of the Medifund begins on 1 April of each year and ends on 31 March of the succeeding year.

(2)

The financial year of the ElderCare Fund begins on 1 April of each year and ends on 31 March of the succeeding year.