laws.sg

Singapore legislation

Clause 12

of Inland Revenue Authority of Singapore Bill

Clause 12

Funds of Authority

The funds of the Authority shall consist of —

(a)

all moneys received by the Authority for services rendered by the Authority to the Government as its agent or for services rendered by the Authority to any person;

(b)

all moneys received by the Authority by way of grants;

(c)

all moneys derived from the disposal, lease or hire of, or any other dealing with, any property vested in or acquired by the Authority;

(d)

all moneys derived as income from investment by the Authority;

(e)

all moneys borrowed by the Authority under this Act; and

(f)

all other moneys lawfully received by the Authority for the purposes of the Authority.

Read in full context — Inland Revenue Authority of Singapore Bill →
Clause 12 — Inland Revenue Authority of Singapore Bill