Singapore legislation
Clause 24
Clause 24
Regulations
(1)
The Minister may make regulations to be called Financial Regulations, not inconsistent with the provisions of this Act, for carrying out the provisions of this Act and without prejudice to the generality of this provision such regulations may provide for —
the collection, receipt, custody, issue, expenditure, due accounting for, care and management of all public moneys and the guidance of all persons concerned therein;
the more effectual record, examination, inspection and departmental check of all receipts and expenditure and the keeping of all necessary books and accounts;
the forms for all books and documents whatever required under the provisions of this Act or the regulations made thereunder;
the purchase, safe custody, issue, sale or other disposal or writing-off of public stores and other property of Singapore, and the proper accounting for, and stocktaking of, such stores and property;
the preparation of estimates of revenue and expenditure;
the authorisation of rates of payment of public funds for specific purposes where such rates of payment are not provided by law; and
the making of advances to public officers and other persons and the rates and limits of such advances and the rates of interest thereon.
(2)
All such regulations shall be published in the Gazette and shall be presented to Parliament as soon as may be after publication.