Singapore legislation

Clause 34

of Town Councils Bill

Clause 34

Accounts

A Town Council shall —

(a)

keep proper accounts and records of its transactions and affairs;

(b)

keep proper and separate accounts for the funds established under section 33(1) and (4); and

(c)

do all things necessary to ensure that all payments out of its moneys are correctly made and properly authorised and that adequate control is maintained over the assets of, or in custody of, the Town Council and over the expenditure incurred by the Town Council.

Read in full context — Town Councils Bill →