Clause 39
Investment of funds
of Port of Singapore Authority Ordinance
BillNot in forceProvision 50 of 134
Clause 39
The Authority may, from time to time, invest any of its funds, not immediately required to be expended in the meeting of the obligations or in the discharge of the functions of the Authority, 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 Authority to invest any such funds in such of the aforesaid securities as he may direct.