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NATIONAL MEDICAL STORES ACT.

ARRANGEMENT OF SECTIONS.

   Section

PART I
INTERPRETATION.

   1.   Interpretation.

PART II
ESTABLISHMENT, OBJECT, FUNCTIONS AND POWERS OF THE CORPORATION.

   2.   Establishment of the corporation.

   3.   The seal of the corporation.

   4.   Object of the corporation.

   5.   Advisory role of the corporation.

   6.   Borrowing powers, etc.

   7.   Supply to private health care.

PART III
THE BOARD OF DIRECTORS.

   8.   Board of directors.

   9.   Qualifications of a director.

   10.   Functions of the board.

PART IV
GENERAL MANAGER, OFFICERS AND STAFF.

   11.   General manager.

   12.   Secretary to the board.

   13.   Officers and employees.

   14.   Protection of officers.

PART V
FINANCIAL PROVISIONS.

   15.   Income of the corporation.

   16.   Estimates.

   17.   Accounts, records and audit.

PART VI
TRANSITIONAL PROVISIONS.

   18.   Transitional provisions.

   19.   Residual assets and obligations.

CHAPTER 207
NATIONAL MEDICAL STORES ACT.

Commencement: 3 December, 1993.

   An Act to provide for the establishment of the National Medical Stores and to provide for its composition, powers, object and functions, administration and finances and other matters connected therewith.

PART I
INTERPRETATION.

1.   Interpretation.

   In this Act, unless the context otherwise requires—

   (a)   "board" means the board of directors established under section 8;

   (b)   "Central Medical Stores" means the Central Medical Stores existing as a department of the Government immediately before the commencement of this Act, which shall cease to exist after all its functions, assets and liabilities have been transferred to the corporation or otherwise resolved;

   (c)   "chairperson" means the chairperson of the board of directors;

   (d)   "corporation" means the National Medical Stores;

   (e)   "financial year" means in respect of any accounting period a period of 12 months ending on the 30th"> June;

   (f)   "goods" means medicines and medical supplies;

   (g)   "medical supplies" includes products or materials used in the practice of health care, medicine, pharmacy and hospital operation insofar as these are specific to these fields, disposable items employed in drug administration and bandaging and nursing materials; it does not extend to mechanical, electrical or electronic equipment;

   (h)   "medicines" includes medicinal products as are intended for the prevention, alleviation or cure of any human illness or for the modification of human physiological function and sera or vaccines;

   (i)   "Minister" means the Minister responsible for health;

   (j)   "operational date" means the date at which the corporation assumes its primary functions;

   (k)   "transition period" means the period between the commencement date and operational date, during which the new organisation shall become operational.

PART II
ESTABLISHMENT, OBJECT, FUNCTIONS AND POWERS OF THE CORPORATION.

2.   Establishment of the corporation.

   (1) There is established a corporation by the name of the National Medical Stores.

   (2) The corporation—

   (a)   shall be a body corporate with perpetual succession;

   (b)   shall have a common seal; and

   (c)   may sue or be sued in its corporate name.

3.   The seal of the corporation.

   (1) The seal of the corporation shall be authenticated by the signatures of the general manager and the secretary to the board.

   (2) In the absence of the general manager, the deputy general manager may sign in his or her place, and the person performing the functions of the secret

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