Singapore legislation

Clause 10

of National Productivity Fund Bill

Clause 10

Functions and duties of Board

(1)

Subject to the provisions of this Act, the functions and duties of the Board shall be —

(a)

to evaluate and review the proposals relating to the usage of the moneys in the Fund;

(b)

to approve the payment of money from the Fund for the purposes set out in section 4;

(c)

to manage and administer the Fund in accordance with this Act; and

(d)

to carry out such other functions as are imposed upon the Board by or under this Act or any other written law.

(2)

The Board may undertake such other functions as the Minister may assign to the Board and in so doing, the Board shall be deemed to be fulfilling the purposes of this Act, and the provisions of this Act shall apply to the Board in respect of such functions.

(3)

Nothing in this section shall be construed as imposing on the Board, directly or indirectly, any form of duty or liability enforceable by proceedings before any court to which it would not otherwise be subject.