Singapore legislation
Section 17
Section 17
Accounts to be kept
(1)
The Minister must —
cause to be kept proper accounts and records of all transactions and affairs relating to the Fund;
do all things necessary to ensure that all payments out of the Fund are correctly made and properly authorised; and
ensure that adequate control is maintained over the assets and receipts of the Fund.
(2)
Every responsible Minister has the same responsibilities as specified in subsection (1) in relation to all moneys in the account established under section 6(1) under his or her charge.
(3)
Every responsible Minister must appoint a public officer or an officer of any public authority to be an accounting officer for the account established under section 6(1) under the responsible Minister’s charge, with responsibility for keeping proper accounts and records in relation to that account, and preparing and signing a statement of the accounts in respect of each financial year.
(4)
Any officer of a public authority who is appointed under subsection (3) as an accounting officer is deemed to be —
a public officer for the purposes of the Financial Procedure Act 1966, and section 20 of that Act applies to the officer even though the officer is not or was not in the employment of the Government; and (b)a public servant for the purposes of the Penal Code 1871.