In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Education Endowment and Savings Schemes Act 1992 · 2020 Revised Edition · Part 4 · Miscellaneous
28. Expenses
Feedback & support(1)
All expenses incurred in connection with the administration of the Endowment Fund and Edusave Pupils Fund, including the cost of auditing the accounts of those Funds under section 31(1), must be defrayed out of the income of the Endowment Fund.
Endowment Fund
Defined · s 2
“Endowment Fund” means the Edusave Endowment Fund established under section 3(1);
(2)
All expenses incurred in connection with the administration of the PSE Fund, including the cost of auditing the accounts of that Fund under section 31(1), must be paid out of the Consolidated Fund.[17
PSE Fund
Defined · s 2
“PSE Fund” means the Post-Secondary Education Fund established under section 19(1);