Singapore legislation

Section 24

Investment of funds

Amended by13/2007

The funds of the Authority may be invested in all or any of the following:

(a)

gold coin or bullion;

(b)

notes, coins, money at call and deposits in such country or countries as may be approved by the board;

(c)

Treasury bills of such government or governments as may be approved by the board;

(d)

securities of, or guaranteed by, such government or governments or international financial institutions as may be approved by the board;

(e)

such other securities, financial instruments and investments as may be approved by the board.