Singapore legislation
Clause 21
Clause 21
Investment of any part of Fund not immediately required
The Board may, from time to time, invest any part of the Fund, not immediately required to be expended in the meeting of the obligations or in the discharge of the functions of the Board, in securities authorised for the investment of trust funds by any written law for the time being in force:Provided that the Minister may require the Board to invest any such funds in such of the aforesaid securities as he may direct.