Singapore legislation

Section 13

of Central Sikh Gurdwara Board Act

Section 13

Funds of Board

(1)

All funds belonging to the Board shall be kept in a bank or banks as may be approved by the Board.

(2)

The Board’s funds shall be preserved, invested, utilised, disposed of and paid out in accordance with the resolutions passed under section 8(2) and with any rules made under section 16.