Singapore legislation

Clause 21

of Medical and Elderly Care Endowment Schemes Bill

Clause 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 such other purposes as are authorised under this Act to be paid out from the Fund;

(c)

for such other purposes relating to step-down care as may be prescribed.

Read in full context — Medical and Elderly Care Endowment Schemes Bill →