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Part 3 · Eldercare Scheme

21. Application of income of ElderCare Fund

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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.

Report

Part 4

General Financial Provisions

Part 5

Miscellaneous

Schedules