Singapore legislation

Section 7

of Inland Revenue Authority of Singapore Act 1992

Section 7

Powers of Authority

(1)

The Authority has power to do all things necessary or convenient to be done for or in connection with the performance of its functions.

(2)

Without limiting subsection (1), the powers of the Authority include power —

(a)

to enter into contracts;

(b)

to form or participate in the formation of a company;

(c)

to utilise all property of the Authority, movable and immovable, in such manner as the Authority may think expedient, including the raising of loans by mortgaging such property;

(d)

to engage in any activity, either alone or in conjunction with other organisations or international agencies, to promote better understanding of taxation;

(e)

to provide technical advice or assistance, including training facilities, to tax authorities of other countries;

(f)

to make charges for services rendered by the Authority;

(g)

to grant loans to employees of the Authority for any purpose specifically approved by the Authority;

(h)

to provide recreational facilities and promote recreational activities for, and activities conducive to, the welfare of employees of the Authority;

(i)

to provide training for employees of the Authority and to award scholarships or otherwise pay for such training; and

(j)

to do anything incidental to any of its powers.

Read in full context — Inland Revenue Authority of Singapore Act 1992 →