Singapore legislation
Section 47
Section 47
Application of funds
(1)
The funds of a registered trade union may, subject to the rules thereof and to the provisions of this Act, be expended only for the following objects:
the payment of salaries, allowances and expenses to officers of the trade union;
the payment of expenses for the administration of the trade union, including audit of the accounts of the funds of the trade union;
the prosecution or defence of any legal proceeding to which the trade union or any member thereof is a party, when such prosecution or defence is undertaken for the purpose of securing or protecting any rights of the trade union as such or any rights arising out of the relations of any member with his employer or with a person whom the member employs;
the conduct of trade disputes on behalf of the trade union or any member thereof;
the compensation of members for loss arising out of trade disputes;
allowances to members or their dependants on account of death, old age, sickness, accidents or unemployment of such members;
any other object which the Minister may, by notification in the Gazette, declare to be an object for which such funds may be expended.
(2)
Any moneys received for a specific purpose by a trade union from its members, which the members are liable to pay in accordance with its rules, shall not be used or applied for any other purpose without the requisite consent of the members of the trade union.
(3)
Any moneys received for a specific purpose by a federation from its constituent trade unions, which the constituent trade unions are liable to pay to the federation in accordance with the rules of the federation, shall not be used or applied for any other purpose without the requisite consent of the constituent trade unions.
(4)
Within 7 days from the date the requisite consent referred to in subsection (2) or (3) is obtained, the secretary of the trade union concerned shall notify the Registrar of the consent and provide to the Registrar such information in respect of the consent as the Registrar may require.