Singapore legislation
Clause 13
Clause 13
Funds and property of Authority
The funds and property of the Authority shall consist of —
all grants-in-aid made under section 18;
all fees, financial penalties and sums for the composition of offences collected by the Authority or its officers under any written law, unless such written law provides otherwise;
all moneys paid to the Authority for the purposes of the Authority;
all moneys paid to the Authority by way of grants, subsidies, donations, gifts and contributions;
all moneys received by the Authority by way of charges and fees for services rendered by the Authority to any person;
all moneys, dividends, royalties, interest or income received from any transaction made pursuant to the powers conferred on the Authority under this Act or any other written law;
all moneys borrowed by the Authority under this Act;
all other moneys and property lawfully received by the Authority for the purposes of the Authority; and
all accumulations of income derived from any such property or money.