In these Rules, unless inconsistent with the context, words defined in the Act and not in the Rules shall bear the meanings thus assigned to them in the Act, words and expressions denoting the singular shall include the plural and vice versa and headings and subheadings are solely for ease of reference and are not to be taken into account in the interpretation of these Rules.
The name of the Fund shall be "BANKMED NAMIBIA", hereinafter referred to as "the Fund".
1.3 LEGAL PERSONA
In terms of the Act, the Fund is an independent legal person, existing separately from its Members and legally capable in its own name of suing and of being sued, of acquiring, holding and alienating movable and immovable property and of acquiring rights and obligations.
1.4 REGISTERED OFFICE
The principal place of business of the Fund shall be situated at Methealth Office Park, Maerua Park, Corner of Jan Jonker Road and Robert Mugabe Avenue, Windhoek, (P. O. Box 97203, Windhoek) but the Trustees shall have the right to relocate such office to any other place in Namibia or where ever else, should circumstances so dictate.
The general object of the Fund is to promote the health of its Members and to establish a benefit fund by contributions, donations or otherwise, and thereby to make provision for the granting of assistance to Members in defraying expenditure incurred by them or their Dependants in connection with medical, paramedical, nursing, surgical or dental services, or the supply of medicines or of medical, surgical, dental or optical requirements or appliances or of accommodation in a hospital or nursing home, as determined by the Fund from time to time in terms of these Rules.
1.6 BINDING FORCE OF RULES
The Rules shall be binding on the Fund and its Members and officers and on all persons who claim under the Rules or whose claims are derived from a person so claiming.