Singapore legislation

Section 23

of Singapore Institute of Standards and Industrial Research Act

Section 23

Funds and property of Institute

The funds and property of the Institute shall consist of —

(a)

all money appropriated by Parliament for the purposes of the Institute;

(b)

all money paid to the Institute for services rendered by it or for a practice or process developed by it;

(c)

all money derived by the Institute from the sale of its publications;

(d)

all money paid to the Institute by way of grants, subsidies, donations, gifts, fees, charges, rent, interests and royalties;

(e)

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

(f)

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

(g)

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

Section 23 — Singapore Institute of Standards and Industrial Research Act