Clause 12
Power to raise funds, receive donations, gifts, etc.
of National Stadium Corporation Bill
BillNot in forceProvision 12 of 32
Clause 12
For the furtherance of its objects the Corporation may —
(a)
raise funds by all lawful means, including the proceeds from events staged by the Corporation or by other bodies and persons either at the National Stadium or elsewhere;
(b)
receive donations, contributions, subventions, grants and other forms of aid from all lawful sources and upon such terms and conditions as the Corporation may think fit;
(c)
accept gifts, legacies, other donations and contributions in kind; and
(d)
receive subventions and contributions from Singapore Pools (Private) Limited.