Singapore legislation

Regulation 26

of Financial Regulations 1990

Regulation 26

Safeguarding of public moneys

Subregulation 1

The Accounting Officer must make necessary arrangements to ensure that all public moneys are properly safeguarded.

Subregulation 2

An officer is personally responsible for any loss of public moneys arising from his or her negligence.

Subregulation 3

An officer must deposit all public moneys as soon as possible into a public or official bank account.

Subregulation 4

No private money is to be paid into any public or official bank account.