In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
5. Application of loan
Feedback & supportThe money received under this Act less the sums required to defray the expenses of issues of stock or bearer bonds or arising from the acceptance of advance deposits under the provisions of this Act shall be paid into the Development Fund constituted under the Development Fund Act [Cap. 80], and shall be applied to the purposes of that Fund.
advance deposits
Defined · s 2
“advance deposits” means such deposits as are received under section 16(1);