Singapore legislation

Clause 7

of Nanyang Technological University Bill

Clause 7

Grants-in-aid

(1)

The Minister for Finance shall pay to the University such moneys as may be provided by Parliament from time to time as grants-in-aid to the University.

(2)

All moneys paid to the University under subsection (1) may be applied or expended by the University for all or any of the purposes of the University.