In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
5. Restriction on use of income
Feedback & supportThe income of the Association shall be applied solely towards the promotion of the objects of the Association as set forth in this Act, and no portion thereof shall be paid or transferred, directly or indirectly, by way of dividend, bonus or otherwise by way of profit to any member:Provided that nothing herein shall prevent the payment or repayment in good faith of remuneration or expenses to any officer or servant of the Association or to any member thereof in return for services actually rendered to the Association.
Association
Defined · s 2
“Association” means the Rubber Association of Singapore as constituted by section 3;