Government to vest or entrust resources to the Corporation

(1) The Government may, from time to time, entrust different revenue streams and financial resources from new and existing hospitals, medical colleges or from any other sources by issue of Orders. (2) Subject to the provisions of this Act and the rules and regulations made there under, in the first instance, the Government hereby assign to APMERC, all the revenues receivable by Hospitals, Colleges and other institutions under the purview of APMERC, including revenues receivable from Aarogyasri Trust, in such ratio between the Health institution and APMERC, as notified by Government from time to time. Such revenue stream may include revenue from medical college admission fee, rental amounts from built up space/land within the hospitals / medical colleges, fee from various Government healthcare schemes like Aarogyasri etc. for tertiary health care, any other fee leviable on health checkups, diagnostics or specific treatments in hospitals as approved by Government from time to time. The Government may provide grants in aid to APMERC for implementation of schemes as notified by the Government from time to time. (3) The Government shall ensure that sufficient revenue streams are available with the Corporation to meet its obligations including servicing of loans. In case, the Government decides to change the assigned revenue stream (or any rate thereof) , then the government shall ensure that the funds realizable from such change are equal to or more than that which would have been realized under the original enactment. In case the revenue stream assigned to the Corporation is no longer available due to sub summation or any change in law, then the government shall be mandated to assign equivalent amounts for the Corporation through other assignable revenue streams. (4) The Government may issue to the Corporation such general or special directions as to policy or exercise of the powers or performance of the function by the Corporation as it may think necessary or expedient for carrying out the purposes of this Act and the Corporation shall be bound to follow and act upon such directions.