Singapore legislation

Clause 5

of Goods and Services Tax Voucher Fund Bill

Clause 5

Expenses

Except as otherwise provided, all expenses incidental to or arising from the administration, investment and management of moneys in the Fund shall be charged upon and payable out of the Fund, including but not limited to the following expenses:

(a)

the cost of auditing the accounts of the Fund and the remuneration of the auditor;

(b)

the expenses incurred by any person (other than the remuneration and allowances payable to a public officer) whom the Minister has —

(i)

authorised to perform and discharge any of the functions and purposes of the Fund; or

(ii)

appointed under section 8 to disburse financial assistance under a public scheme using moneys in the Fund and to do any matter connected therewith or incidental thereto.

Read in full context — Goods and Services Tax Voucher Fund Bill →