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laws.sgby aturio
In force2020 Revised Edition
Contents

Part 6 · Funds and Property of Board

35. Establishment of National Heritage Endowment Fund

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(1)

A fund called the National Heritage Endowment Fund is established, which vests in the Board and consists of —

(a)

all moneys received by the Board by gift, bequest or otherwise for the Fund;

(b)

any contributions to the Fund that the Minister may specify from moneys provided by Parliament; and

(c)

any other moneys that the Board may decide to transfer to the Fund.

(2)

Any interest, dividends and other income derived from the Fund must be credited to the general funds of the Board.

(3)

For the purposes of this section, “general funds of the Board” means the funds of the Board other than the Fund.

(4)

The Fund must not, except with the prior written approval of the Minister, be applied, disposed of or alienated otherwise than as specified in section 31(3) and (4).

Report

Read on from s 36

Part 7

Transfer of Assets, Liabilities and Employees

Read on from Part 7

Part 8

Miscellaneous Provisions

Read on from Part 8

Schedules