Singapore legislation

Clause 2

of Economic Development Board (Amendment) Bill

Clause 2

Amendment of section 5

Section 5 of the Economic Development Board Act (hereinafter in this Act referred to as “the principal Act”) is hereby amended —

(a)

by deleting subsection (1) thereof and substituting therefor the following: —“(1) The Board shall consist of —

(a)

the Chairman of the Board appointed under section 4 of this Act;

(b)

the Director of the Board appointed under section 7 of this Act; and

(c)

not less than four and not more than ten other members who shall be appointed by the Minister.”;

(b)

by deleting subsection (5) thereof and substituting therefor the following: —“(5) The Minister may appoint not more than two members of the Board to be Deputy Chairmen of the Board.”; and

(c)

by inserting immediately after subsection (5) thereof the following subsections: —“(5A) At any time when the Chairman is absent or otherwise incapable of acting, or there is a vacancy in the office of Chairman —

(a)

such one of the Deputy Chairmen as the Minister may direct, or in default of any such direction such one of them as they may agree; or

(b)

if there is only one Deputy Chairman, that Deputy Chairman,may exercise any of the functions of the Chairman.(5B) At any time when every person who is Chairman or Deputy Chairman is absent or otherwise incapable of acting, or there is no such person, such member of the Board as the Minister may direct, or in default of any such direction such member as the Board may agree, may perform any of the functions of the Chairman.”.

Clause 2 — Economic Development Board (Amendment) Bill