Parliament has approved the establishment of the War Veteran Trust Fund under the War Veteran Subvention Act, 1999 (Act No 16 of 1999). The objective of the Fund is to pay subventions to war veterans and dependants of deceased war veterans. The Act also provides for the establishment of the War Veteran Subvention Administration Board to administer the War Veteran Trust Fund.

According to the Act, members of the War Veteran Subvention Administration Board shall be appointed for three years and must be composed of representatives of the Ministries of Health and Social Services; Finance; Defence; National Planning Commission and organisations representing war veterans.

The Ministry of Labour is responsible for the administration of the War Veteran Subvention Act, 1999 (Act No 16 of 1999).