Singapore legislation
Section 11
Section 11
Application of income
(1)
The income and property of the Council from wherever derived shall be applied solely towards the promotion of the objects and general purposes of the Council as set out in this Act, and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to member organisations.
(2)
Nothing in this section shall prevent the payment in good faith of remuneration to any officers or employees of the Council.