Singapore legislation

Clause 17

of Monetary Authority of Singapore Bill

Clause 17

List of posts and appointment of employees

(1)

The Authority may from time to time approve a list of posts which it thinks necessary for the purposes of this Act and may add to or amend that list. The first such list of posts shall contain posts for all the persons transferred to the service of the Authority under section 18 of this Act.

(2)

No person may be employed by the Authority unless he holds a post appearing in the list of posts for the time being in force.

(3)

Subject to the provisions of this section —

(a)

appointments and promotions to all posts shall be made by the Authority; and

(b)

the termination of appointment, dismissal and disciplinary control of the employees of the Authority shall be vested in the Authority.

(4)

In the discharge of its functions under subsection (3) of this section the Authority shall act on the advice of the Public Service Commission.

(5)

Notwithstanding the provisions of this section, the Authority may appoint persons temporarily for a period not exceeding two months to posts in the list of posts for the time being in force.

(6)

The Authority may, with the approval of the Public Service Commission, make rules, not inconsistent with the provisions of this Act or of any other written law, for the appointment, promotion, disciplinary control and terms and conditions of service of all persons employed by the Authority.

(7)

Without prejudice to the generality of subsection (6) of this section, the Authority shall prescribe the rates of remuneration payable to persons employed by the Authority, and no person so employed shall be paid otherwise than in accordance with such rates.