Singapore legislation

Clause 41

of Care Shield Life and Long-Term Care Bill

Clause 41

Withdrawals

(1)

Moneys cannot be withdrawn from the LTC Support Fund unless they are charged upon the LTC Support Fund or are authorised to be withdrawn or transferred under this Act.

(2)

Despite section 13 of the Financial Procedure Act, payment may be made out of the LTC Support Fund only if the payment is approved by the Minister or an accounting officer authorised, in writing, by the Minister.

Read in full context — Care Shield Life and Long-Term Care Bill →