Singapore legislation
Section 18
Section 18
Power of Council to accept gifts
(1)
The Council may on behalf of the Society accept by way of grant, gift, testamentary disposition or otherwise, property or moneys in aid of the finances of the Society on such conditions as it may determine.
(2)
Registers shall be kept of all donations to the Society including the names of donors and any special conditions on which any donation may have been given.
(3)
All property, moneys or funds donated to the Society for any specific purposes shall be applied and administered in accordance with the purposes for which they may have been donated and shall be separately accounted for. [19