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In force1994 Revised Edition

11. Hospital Medifund Account

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(1)

Every approved hospital which has received a grant under section 5 shall establish and maintain an account to be called a Hospital Medifund Account with a bank in Singapore.

(2)

An approved hospital shall pay into the Hospital Medifund Account all moneys received as a grant under section 5 and any interest accruing thereon shall be paid into and form part of the moneys in the Hospital Medifund Account.

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