Singapore legislation
Clause 4
Clause 4
Amendment of section 5
Section 5(1) of the principal Act is amended by deleting paragraphs (a) and (b) and substituting the following paragraphs:“(a)to provide assistance and advice relating to racing, betting and gaming in Singapore or elsewhere; and
(b)
to subscribe for or acquire any securities, stocks or shares of any company or to form or participate in the formation of any company, partnership or joint venture for the purpose of carrying out any function of the Board or for such other purposes as the Minister may approve.”.