Singapore legislation

Section 17

of Silver Jubilee Fund (Singapore) Act

Section 17

Disposal of moneys

(1)

The Committee shall have full power to manage and to spend the moneys received by it for the purposes set out in this Act and to delegate such powers other than the signing of cheques as it thinks fit to sub-committees appointed by it.

(2)

The Committee may pay the actual cost of administration out of moneys at its disposal.

Section 17 — Silver Jubilee Fund (Singapore) Act | laws.sg