In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Intellectual Property Officeof Singapore Act 2001 · 2020 Revised Edition · Part 5 · Financial Provisions
19. Power to borrow
Feedback & supportFor the discharge of its functions or duties under this Act or any other written law, the Office may raise loans from the Government or, with the approval of the Minister for Finance, raise loans from banks or other financial institutions (whether in Singapore or elsewhere) by —
Office
Defined · s 2
“Office” means the Intellectual Property Office of Singapore established under section 3;
(a)
mortgage, overdraft or otherwise;
(b)
a charge, whether legal or equitable, on any property vested in the Office or on any other revenue receivable by the Office under this Act or any other written law; or
(c)
the creation and issue of debentures or bonds.