Singapore legislation

Section 19

of Intellectual Property Officeof Singapore Act 2001

Section 19

Power to borrow

For the discharge of its functions or duties under this Act or any other written law, the Office may raise loans from the Government or, with the approval of the Minister for Finance, raise loans from banks or other financial institutions (whether in Singapore or elsewhere) by —

(a)

mortgage, overdraft or otherwise;

(b)

a charge, whether legal or equitable, on any property vested in the Office or on any other revenue receivable by the Office under this Act or any other written law; or

(c)

the creation and issue of debentures or bonds.

Read in full context — Intellectual Property Officeof Singapore Act 2001 →