Singapore legislation

Section 40

of Urban Redevelopment Authority Act

Section 40

Provision of working capital

For the purpose of enabling the Authority to carry out its objects and to defray expenditure properly chargeable to capital account, including defraying initial expenses, and for the provision of working capital, the Minister may authorise payment to the Authority of such sums as he may determine.[39

Section 40 — Urban Redevelopment Authority Act | laws.sg