Singapore legislation
Clause 4
Clause 4
Principal objects of the Authority
The principal objects of the Authority shall be —
(a)
to act as banker to, and financial agent of, the Government;
(b)
to promote, within the context of the general economic policy of the Government, monetary stability and credit and exchange conditions conducive to the growth of the economy;
(c)
to exercise the powers and to perform the duties and functions that are transferred to the Authority under section 21 of this Act.