Public Hospitals (Amendment) Act, 1939

Payments from the Reserve Fund to the Hospitals Trust Fund.

3.—On or within fourteen days after every 1st day of January the Board shall cause the amount of the capital of the Reserve Fund on the next preceding 31st day of December to be estimated and, if on such estimation the amount of the said capital is found to exceed two hundred and fifty thousand pounds, the Board shall transfer from the Reserve Fund to the Hospitals Trust Fund a sum equal to the amount by which the amount of the said capital is so found to exceed two hundred and fifty thousand pounds.