§ 39 — Purposes of LTC Support Fund

39.—(1) The moneys in the LTC Support Fund may be withdrawn and applied only for all or any of the following purposes:(a)

to provide premium support for the CSHL Scheme in the form of a subsidy of the cost of any premium of the CSHL Scheme covering an eligible insured person;

(b)

to fund any part of the cost of the CSHL Scheme and ESH Scheme;

(c)

to fund all or any part of the cost of any prescribed public scheme that provides financial support for disabled persons;

(d)

for such other purposes as are authorised under this Act to be paid out of the LTC Support Fund.

(2) The moneys in the LTC Support Fund may be deposited in any bank account and invested in any investment authorised under the Financial Procedure Act 1966.

—(1) The moneys in the LTC Support Fund may be withdrawn and applied only for all or any of the following purposes:(a)

to provide premium support for the CSHL Scheme in the form of a subsidy of the cost of any premium of the CSHL Scheme covering an eligible insured person;

(b)

to fund any part of the cost of the CSHL Scheme and ESH Scheme;

(c)

to fund all or any part of the cost of any prescribed public scheme that provides financial support for disabled persons;

(d)

for such other purposes as are authorised under this Act to be paid out of the LTC Support Fund.

(2) The moneys in the LTC Support Fund may be deposited in any bank account and invested in any investment authorised under the Financial Procedure Act 1966.