Singapore legislation

Clause 35

of Singapore Overseas Telecommunication Board Ordinance

Clause 35

Annual financial statement

The Board shall at the end of every year transmit to the Minister a statement showing —

(a)

the amount of any loan outstanding at the end of such year; and

(b)

the amount standing to the credit of any sinking fund formed for the purpose of repayment of any loan and the manner in which such amount is for the time being invested.