Singapore legislation

Section 9

of Singapore Business Federation Act 2001

Section 9

Access to accounts and other records

(1)

The Board or any authorised person is entitled, at all reasonable times, to full and free access to all accounting and other records relating, directly or indirectly, to the financial transactions of the Federation.

(2)

The Board or any authorised person may require any person to disclose or furnish to the Board or authorised person (as the case may be) such information or document which such person possesses or has access to as the Board or authorised person considers necessary —

(a)

for the purpose of ascertaining whether the funds of the Federation have been applied or expended in accordance with or in furtherance of its objects as set out in this Act and in its Constitution; or

(b)

for the proper discharge by the Board of its functions under this Act.

(3)

Any person who —

(a)

without reasonable excuse, fails to comply with any requirement of the Board or any authorised person under subsection (2);

(b)

furnishes to the Board or any authorised person any information or document which the person knows or has reason to believe is false; or

(c)

hinders, obstructs or delays the Board or any authorised person in the performance by the Board or the authorised person of their respective duties or in the exercise of their respective powers under this section,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000.

Read in full context — Singapore Business Federation Act 2001 →