Facilities Improvement Financing Act

15. Functions of the Hospital Management Team

Edition: 2023-11-24 · In force

A Hospital Management Team shall, in relation to facility improvement financing—

(a)prepare and present the annual hospital work plan and budget;

(b)prepare monthly, quarterly and annual financial reports;

(c)monitor the performance target of the facility improvement financing and other sources of funds to the facility;

(d)undertake resource mobilization for the hospital;

(e)ensure internal audits are periodically undertaken to mitigate financial risks;

(f)ensure external audits are undertaken on a timely basis;

(g)ensure efficient and effective utilization of resources paid into the facility improvement financing; and

(h)receive reports and monitor collection, waivers, exemptions, expenditure and use of funds.