In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
11. Bank accounts and application of revenue
Feedback & support(1)
The Agency must open and maintain one or more accounts with any bank or banks that the Agency thinks fit.
Agency
Defined · s 2
“Agency” means the Agency for Science, Technology and Research established under section 3;
(2)
Every account under subsection (1) must be operated upon as far as practicable by cheque signed by such person or persons authorised to do so by the Agency.
(3)
The moneys of the Agency must be applied only in payment or discharge of the expenses, obligations and liabilities of the Agency and in making any payments that the Agency is authorised or required to make.