Singapore legislation
Clause 33
Clause 33
Investment of funds
The Board may from time to time invest any of its funds not immediately required to be expended in the meeting of the obligations or in the discharge of the functions of the Board in securities authorised for the investment of trust funds by any written law for the time being in force:Provided that the Minister may require the Board to invest any such funds in such of the aforesaid securities as he may direct.