Singapore legislation
Clause 6
Clause 6
Powers of the Board
The Board shall have the powers to do anything for the purpose of discharging its functions under this Act, or which is incidental or conducive to the discharge of those functions and, in particular, may —
(a)
utilise all the property of the Board, movable and immovable, in such manner as the Board may think expedient, including the raising of loans by mortgaging such property;
(b)
borrow or raise or secure the repayment of money in such manner as the Board may think fit; and
(c)
charge for the use of any facility or service provided by the Board.