Clause 28
Payment of subvention
of Medical and Elderly Care Endowment Schemes Bill
BillNot in forceProvision 36 of 47
Clause 28
(1)
A subvention shall be payable to an approved provider quarterly or at such other payment period as the Minister may allow.
(2)
Subject to the provisions of this Act, a subvention may be paid to an approved provider in advance in respect of any payment period referred to in subsection (1) at such times and on such terms as the Minister may think fit.