Singapore legislation
Section 20
Section 20
Regulations
The Minister may make regulations for the sound and efficient management and investment of the Fund, including —
(a)
prescribing the securities, funds and investments or classes of securities, funds and investments in which any moneys in the Fund may be invested for developmental purposes;
(b)
generally regulating the management of any loan raised under this Act and all matters arising in connection therewith; and
(c)
prescribing all other matters that are necessary or expedient for carrying out or giving effect to the provisions of this Act.