Singapore legislation
Clause 4
Clause 4
Amendment of section 7
Section 7 of the principal Act is amended —
(a)
by inserting, immediately after subsection (2), the following subsection:“(2A) The university company shall make available to the public, at such frequency and in such manner as the Minister may determine, a summary of the financial statements of the university company which shall be in such form and contain such information as the Minister may determine.”; and
(b)
by deleting the section heading and substituting the following section heading:“Access to accounts and summary of financial statements”.