Singapore legislation
Clause 5
Clause 5
Powers of Board
(1)
The Board shall have all such powers as may be reasonably necessary to enable it to carry out its functions.
(2)
Subject to any regulations made under section 21, the Board may from time to time distribute any moneys forming part of the funds of the Board and not required by it in the exercise of its functions under section 4 for all or any of the following purposes:
(a)
public, social or charitable purposes; and
(b)
the promotion of culture, art and sport generally in Singapore.