Clause 39
Accounts
of Media Development Authority of Singapore Bill
BillNot in forceProvision 39 of 71
Clause 39
The Authority shall keep proper accounts and records of its transactions and affairs and shall do all things necessary to ensure that —
(a)
all payments out of its moneys are correctly made and properly authorised; and
(b)
adequate control is maintained over the assets of, or in the custody of, the Authority and over the expenditure incurred by the Authority.