Singapore legislation

Section 19

of Financial Procedure Act

Section 19

Write-off

Amended by18/94

Subject to the provisions of the Constitution, the Minister shall in respect of public moneys and public stores have power —

(a)

to write off losses or deficiencies of public moneys and the value of lost, deficient, condemned, unserviceable, redundant or obsolete public stores; and

(b)

to abandon any claim to irrecoverable amounts of revenue, debts and overpayments.