Singapore legislation

Section 16A

of Economic Development Board Act

Section 16A

Funds and property of Board

Amended by11/2008

The funds and property of the Board shall consist of —

(a)

any moneys appropriated by Parliament for the purposes of the Board;

(b)

all moneys paid to the Board for the purposes of the Board;

(c)

all moneys paid to the Board by way of grants, subsidies, donations, gifts, fees, charges, rents, interest, dividends and royalties;

(d)

all moneys derived from the sale of any property belonging to or held by or on behalf of the Board;

(e)

all moneys derived by the Board from the sale of its publications;

(f)

all moneys received by the Board for services rendered by it or by any practice or process developed by it;

(g)

all moneys, dividends or income received from any transaction made pursuant to the powers conferred on the Board by this Act;

(h)

all other moneys and property lawfully received by the Board for the purposes of the Board; and

(i)

all accumulations of income derived from any such property or money.