Singapore legislation

Section 11

of Ngee Ann Polytechnic Act 1967

Section 11

Powers of Council

Amended by45/2004

For the purpose of giving effect to the provisions of this Act, the Council may, where it considers it necessary or expedient —

(a)

enter into contracts;

(b)

acquire, purchase, take, hold and enjoy any movable and immovable property;

(c)

sell, convey, assign, surrender and yield up, mortgage, demise, re‑assign, transfer or otherwise dispose of any movable or immovable property vested in the Polytechnic upon any terms that the Council considers fit;

(d)

borrow money at interest on the security of any corporate land or of any funds of the Polytechnic;

(e)

invest the funds of the Polytechnic in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965; and

(f)

do all other matters and things incidental or appertaining to a body corporate.

Read in full context — Ngee Ann Polytechnic Act 1967 →