Singapore legislation
Clause 4
Clause 4
Restrictions on application of Fund
From and after the coming into operation of this Ordinance —
no further sum of money shall be raised or borrowed by the issue of Certificates;
no further sum of money shall be appropriated out of the Consolidated Fund or advanced out of the Postal Deposit Account to meet any payment due from or by the Fund or in connection with the issue or repayment of Certificates or payment of any interest thereon; and
the existing assets of the Fund, whether kept in hand or invested in securities, shall not be applied in the payment of any expenditure relating or incidental to the repayment of Certificates or the payment of any interest due thereon except to the extent and in the manner hereinafter provided.