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Schedules

Schedule 7

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SEVENTH SCHEDULE

Paragraph 2(1) and First Schedule

FINANCE

Departments

1. Accountant-General’s Department

2. Accounting and Corporate Regulatory Authority

3. Accounting Standards Committee

4. Inland Revenue Authority of Singapore

5. Ministry of Finance

6. Singapore Customs

7. Singapore Totalisator Board

8. VITAL

Subjects

1. Governance of Public Sector

(1)

Budget and Expenditure (Policy, Administration and Estimates)

(2)

Government Procurement Policy

(a)

Government Contracts Act 1966

(b)

Government Procurement Act 1997

(3)

Privatisation and Divestment Matters

(4)

Public Sector Headcount Management

2. Government Financial Management and Accountability

(1)

Audit Act 1966

(2)

Constitution of the Republic of Singapore (functions conferred on the

Minister responsible for finance)

(3)

Government Accounting

(4)

Government Financial and Administrative Procedures

(a)

Financial Procedure Act 1966

(b)

Minister for Finance (Incorporation) Act 1959

(5)

Government Financial Assets (Government Investments and Loans)

(a)

Developmental Investment Fund Act 2000

S 415/2025

(6)

Government Financial Liabilities

(a)

Development Fund Act 1959

(b)

Government

Securities

(Debt

Market

and

Investment)

Act 1992

(c)

Loans (International Banks) Act 1958

(d)

Pension Fund Act 1995

(e)

Significant Infrastructure Government Loan Act 2021

(7)

Protection of Reserves

3. Government Public Schemes

(1)

Goods and Services Tax Voucher Fund Act 2012

(2)

Pioneer Generation and Merdeka Generation Funds Act 2014

4. International Financial Institutions

(1)

Asian Development Bank Act 1966

(2)

Asian Infrastructure Investment Bank Act 2015

(3)

Bretton Woods Agreements Act 1966

(4)

International Development Association Act 2002

(5)

International Finance Corporation Act 1968

5. International Financial Policies

6. Registering Companies and Businesses, Limited Liability Partnerships,

Limited Partnerships and Variable Capital Companies

(1)

Business Names Registration Act 2014

(2)

Companies Act 1967 (but not matters relating to the Official Receiver

and the administration of insolvent companies)

(3)

Limited Liability Partnerships Act 2005

(4)

Limited Partnerships Act 2008

(5)

Variable

Capital

Companies

Act

2018

(but

not

international

obligations, prevention of money laundering, terrorism financing

and other offences)

7. Regulating Accountancy Sector

(1)

Accountants Act 2004

(2)

Accounting and Corporate Regulatory Authority Act 2004

S 415/2025

(3)

Development of Accountancy Services Sector

(4)

Prescription of Accounting Standards for Companies, Charities,

Cooperative Societies, Societies and Statutory Bodies

(a)

Accounting Standards Act 2007

8. Regulating Corporate Service Providers

(1)

Corporate Service Providers Act 2024

9. Regulating Valuers of Immovable Property through Appraisers Act 1906

10. Revenue from Gaming

(1)

Casino Control Act 2006 (casino tax only)

(2)

Gambling Duties Act 2022

11. Taxation and Revenue (Policy, Administration and Estimates)

(1)

COVID-19 (Temporary Measures) Act 2020 (Part 6 only)

(2)

Customs Act 1960

(3)

Estate Duty Act 1929

(4)

Fees Act 1920

(5)

Free Trade Zones Act 1966

(6)

Goods and Services Tax Act 1993

(7)

Income Tax Act 1947

(8)

Inland Revenue Authority of Singapore Act 1992

(9)

Payroll Tax Act 1965

(10)

Property Tax Act 1960

(11)

Stamp Duties Act 1929

(12)

Statutory Boards (Taxable Services) Act 1968

(13)

Statutory Corporations (Contributions to Consolidated Fund) Act 1989

(14)

Multinational Enterprise (Minimum Tax) Act 2024

12. Totalisators and Totalisator Agencies

(1)

Singapore Totalisator Board Act 1987

13. Others

(1)

States of Malaya Customs Duties Collection Act 1958

S 415/2025

Report