Singapore legislation
Clause 3
Clause 3
Repeal and re-enactment of section 21
Section 21 of the principal Act is repealed and the following section substituted therefor:“Powers and functions of Board
21. The Board shall, with respect to any such endowment, have all such powers as it would have had if it had been named as trustee in the instrument creating the endowment, and in addition may, in any case —
appoint and remove any employee of any such endowment;
receive and collect the income of the endowment;
expend the income —
in defraying the expenses of the management of the endowment and of the Board;
in carrying out the purposes of the endowment;
in promoting social, cultural, educational or other activities that the Board considers to be for the public benefit; and
in fostering inter-religious communication and harmony;
raise funds by means of voluntary subscriptions, donations or contributions for the purposes of exercising its powers, performing its duties and discharging its obligations under this Act; and
promote or undertake publicity in any form.”.