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Medical Schemes Act, 1998 (Act No. 131 of 1998)

Chapter 3 : Council for Medical Schemes

Part 1 : Council

17. Liquidation


(1) The Council shall only be placed under liquidation by an Act of Parliament.


(2) In the event of the liquidation of the Council, the assets and liabilities of the Council, if any, shall accrue to the State.