This legislation has been repealed.
Non-participating services may become participating services and vice-versa50B. Non-participating services may become participating services and vice-versa (1) A non-participating residential service may elect to become a participating residential service. (2) If such an election is made, the designated officer of the service must ensure that the money standing to the credit of each account, together with all income due to that account, is transferred to the Residents' Trust Fund on the date specified by the Secretary. (3) On that date, the service becomes a participating registered service. (4) A participating residential service may elect to become a non-participating residential service. (5) If such an election is made, the Secretary must cause all the money in the Fund standing to the credit of eligible persons at the service, together with all income due to those persons, to be transferred to the designated officer of the service. (6) On the date the money in the Fund standing to the credit of the eligible persons at the service is transferred by the Secretary, the service becomes a non-participating residential service.