In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Housing and Development Act 1959 · 2020 Revised Edition · Part 5 · Financial Provisions
97. Annual financial statement
Feedback & support(1)
The Board must, at the end of every financial year transmit to the Minister a statement showing —
Board
Defined · s 2
“Board” means the Housing and Development Board established under section 3;
(a)
the amount of any loan outstanding at the end of that year; and
(b)
the amount standing to the credit of any sinking fund formed for the purpose of repayment of any loan and the manner in which that amount is for the time being invested.
(2)
The annual statement referred to in subsection (1) must be published in the Gazette.[67