Singapore legislation
Section 62
Section 62
Power of Council to accept gifts, etc.
(1)
The Council may on behalf of the Society accept, by way of grant, gift, testamentary disposition or otherwise, property or moneys in aid of the finances or purposes of the Society on such conditions as it may determine.
(2)
Registers must be kept of all donations to the Society, including the names of donors and any special conditions on which any donation may have been given.
(3)
All property, moneys or funds donated to the Society for any specific purpose must, subject to the law relating to charities, be applied and administered in accordance with the purposes for which they may have been donated and must be separately accounted for.