← Medical and Elderly Care Endowment Schemes Act 2000

Medical and Elderly Care Endowment Schemes Act 2000 s 21

s 21 Application of income of ElderCare Fund

21. 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.

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