The Secretary of the Treasury shall grant, upon examination and evaluation of the petition submitted by the interested party and in close collaboration and consultation with the Secretary of Health, the benefits established in this chapter to any natural or juridical person applying therefor if the person encloses with his application a Certificate of Compliance duly issued by the Secretary of Health, as well as any other document required by this chapter, if he finds that the award thereof is necessary and convenient to enhance or modernize the hospital facilities and the medical services rendered to the community in general, while taking into account the provisions of §§ 373 and 373a of this title. Likewise, the Secretary of the Treasury is hereby empowered to revoke any benefits awarded upon an administrative hearing, if he finds that the requirements and eligibility criteria of this chapter and the regulations thereunder have not been met.
History —June 30, 1968, No. 168, p. 606, § 4; June 23, 1971, No. 76, p. 227, § 1; Jan. 20, 2006, No. 16, § 4; Nov. 17, 2015, No. 187, § 25; Dec. 28, 2016, No. 208, § 7.