Singapore legislation
Clause 20
Clause 20
Light Dues Fund
(1)
There is hereby established a Fund to be known as the “Light Dues Fund” which shall be administered by the Board.
(2)
All light dues, rates and other income derived by the Board shall be paid into the Fund and all payments required to be made in the meeting of the obligations or in the discharge of the functions of the Board under this Act shall be paid out of the Fund.