Singapore legislation

Schedule 2

of Energy Market Authority of Singapore Bill

Schedule 2

Powers of Authority

SECOND SCHEDULESection 7(1)Powers of Authority

1. To form or participate in the formation of —

(a)

any company, joint venture or partnership for the purpose of carrying out all or any of the functions of the Authority; and

(b)

with the approval of the Minister, any company, joint venture or partnership for such other purposes as may be approved by the Minister.

2. To sell, with the approval of the Minister, any immovable property if the Authority thinks that such sale is necessary or expedient for the purpose of carrying out its functions under this Act.

3. To make provision for the training of employees and to award scholarships, bursaries and study grants to such persons as the Authority considers fit.

4. To grant loans to employees of the Authority for purposes specifically approved by the Authority.

5. To make provision for welfare benefits, gratuities, pensions, provident funds, allowances or other superannuation benefits for employees or former employees (or their dependants) of the Authority.

6. To do anything incidental to any of its duties and functions.

Read in full context — Energy Market Authority of Singapore Bill →