Jurong Town Corporation Act 1968 · 2020 Revised Edition · Part 3 · Provisions Relating to Corporation
18. Accounts
Feedback & supportThe accounts of the Corporation must be kept by a chief financial officer appointed by and responsible to the Corporation.
Corporation
“Corporation” means the Jurong Town Corporation established under section 3;
The chief financial officer must prepare in respect of each financial year a statement of accounts in a form approved by the Minister.
officer
“officer” includes the Chairperson, members and employees of the Corporation;
The chief financial officer must keep proper accounts and records of the transactions and affairs of the Corporation and must do all things necessary to ensure that all payments out of its moneys are correctly made and properly authorised and that adequate control is maintained over the assets of, or in the custody of, the Corporation and over the expenditure incurred by the Corporation.
records
“records”, in relation to the transferor, means registers, papers, documents, minutes, receipts, books of account and any other record, however compiled, recorded or stored, of the transferor existing on the eve of the transfer date;