Singapore legislation

Clause 4

of Economic Development Board (Transfer of Assets) Bill

Clause 4

Transfer of other assets

All moneys invested by the Board in securities under the powers conferred on it by paragraph (p) of subsection (1) of section 16 of the Ordinance and such moneys deposited by the Board as may be specified by the Minister shall be transferred by the Board to the Minister for Finance in accordance with such directions as he may from time to time issue to the Board.

Read in full context — Economic Development Board (Transfer of Assets) Bill →