National Health Insurance Act, 1942

Disposition of moneys applicable under section 55 of the Act of 1911.

9.—Any sums mentioned in sub-section (4) of section 55 of the Act of 1911 (which said section is repealed by this Act as on and from the 1st day of January, 1939), which have not before the passing of this Act been apportioned and applied in the manner provided by the said sub-section, shall, after making provision for the liabilities of the Reserve Suspense Fund established under sub-section (1) of Section 15 of the Act of 1918, be apportioned between the Society and the Military Forces (International Arrangements) Insurance Fund in proportion to the amount of the outstanding reserve values standing to the credit of the Society and the said Fund respectively as at the 31st day of December, 1938, and the share, resulting from such apportionment, of the Society therein shall be credited to the Society and the remainder credited to the said Fund.