Revised Laws of Saint Lucia (2021)

21.   Application and investment of funds

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    (1)   The funds of the Hospital shall be applied towards discharging the obligations and performing any of the functions of the Hospital under this Act and for connected purposes.

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    (2)   The Hospital may, with the approval of the Minister, invest any of its funds not required to be expended in meeting its obligations or in the performance of its functions.

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    (3)   The Minister may require that any balance standing to the credit of the Hospital at the end of the financial year, after full allowance has been made for the matters under subsection (1), be paid into the Hospital Fund.