Singapore legislation

Section 5

of Government Securities Act 1992

Section 5

Expenses

There are charged upon and payable out of the Government Securities Fund all expenses —

(a)

arising from or incidental to the investment and management of moneys in the Government Securities Fund; and

(b)

arising from or incidental to —

(i)

the borrowing and repayment of moneys; and

(ii)

the investment and management of moneys in any sinking fund created,under this Act, the Local Treasury Bills Act 1923 on or after 1 April 1996, and under any other written law authorising moneys borrowed to be paid into the Government Securities Fund.

Read in full context — Government Securities Act 1992 →