National Health Insurance Act, 1929

Financial provisions in relation to transferred deposit contributors.

11.—(1) There shall be credited to an approved society and charged to the Reserve Suspense Fund in respect of every deposit contributor who is transferred by the Insurance Commissioners to and becomes a member of such society under the foregoing section a sum representing the liability calculated in accordance with the provisions of the valuation regulations for the time being in force.

(2) Any moneys standing to the credit of the Deposit Contributors Fund after all liabilities in respect of deposit contributors have been met shall be transferred to the Reserve Suspense Fund.