Singapore legislation

Clause 5

of Tourist Promotion Board (Amendment) Bill

Clause 5

Amendment of section 15

Section 15 of the principal Act is hereby amended —

(a)

by deleting the word “and” appearing at the end of paragraph (l) thereof;

(b)

by inserting immediately after paragraph (l) thereof the following new paragraphs: —“(m)with the approval of the Minister, to carry on the business of providing transport facilities for persons visiting a tourist resort;

(n)

with the approval of the Minister, to take, or otherwise acquire, and hold shares, debentures or other security in any company carrying on the business of a tourist enterprise, food establishment or public house;

(o)

with the approval of the Minister, to invest any money of the Board in any business which will promote or be conducive to the tourist trade in Singapore; and”; and

(c)

by re-lettering paragraph (m) as paragraph (p).

Read in full context — Tourist Promotion Board (Amendment) Bill →