What is Rubber Association of Singapore (Incorporation) Bill?

Rubber Association of Singapore (Incorporation) Bill is Singapore Bill, cited as Bill 22 1967, currently marked in force and first recorded in 1967.

Is Rubber Association of Singapore (Incorporation) Bill still in force?

Yes — Rubber Association of Singapore (Incorporation) Bill is currently in force.

How many clauses does Rubber Association of Singapore (Incorporation) Bill have?

Rubber Association of Singapore (Incorporation) Bill contains 20 clauses.

Where can I read the official version of Rubber Association of Singapore (Incorporation) Bill?

The official text of Rubber Association of Singapore (Incorporation) Bill is published at sso.agc.gov.sg.

Rubber Association of Singapore (Incorporation) Bill (1967, No. 22)

Q: When did Rubber Association of Singapore (Incorporation) Bill take effect?

Rubber Association of Singapore (Incorporation) Bill was first recorded in 1967.

Clause 2

Interpretation

In this Act, unless the context otherwise requires —“Association” means the Rubber Association of Singapore before its incorporation as a body corporate under this Act;“body corporate” means any body corporate wherever established, registered or incorporated under the provisions of any written law, Royal Charter or other instrument;“by-laws” means any by-laws made by the Committee pursuant to the powers conferred upon it by the Corporation;“Committee” means the Management Committee constituted under section 10 of this Act;“Corporation” means the Rubber Association of Singapore constituted under section 3 of this Act;“member” means a person whose name appears in the register as a member in any class or category and includes any two or more persons whose names are registered together as joint members;“person” means an individual, any company or body corporate and includes a partnership firm;“register” means the register of members kept pursuant to section 9 of this Act;“regulations” means regulations made by the Committee pursuant to the powers conferred upon it by the Corporation;“rubber” includes marketable rubber prepared from the leaves, bark or latex of any rubber plant and the latex of such plant whether fluid or coagulated in any stage of the treatment to which it is subjected during the process of conversion into marketable rubber but it does not include any manufactured article wholly or partly made of rubber;“rubber plant” includes any of the following: —

(a)

Heavea Brasiliensis (Para Rubber);

(b)

Manihot Glaziovii (Ceara Rubber);

(c)

Castilloa Elastica;

(d)

Ficus Elastica (Rambong);

(e)

any other plant which the Minister by notification in the Gazette declares to be a rubber plant for the purposes of this Act;“rules” mean rules made pursuant to this Act;“Secretary” means the Secretary of the Corporation appointed pursuant to the rules.

Definition

“Association” means the Rubber Association of Singapore before its incorporation as a body corporate under this Act;

Definition

“body corporate” means any body corporate wherever established, registered or incorporated under the provisions of any written law, Royal Charter or other instrument;

Definition

“by-laws” means any by-laws made by the Committee pursuant to the powers conferred upon it by the Corporation;

Definition

“Committee” means the Management Committee constituted under section 10 of this Act;

Definition

“Corporation” means the Rubber Association of Singapore constituted under section 3 of this Act;

Definition

“member” means a person whose name appears in the register as a member in any class or category and includes any two or more persons whose names are registered together as joint members;

Definition

“person” means an individual, any company or body corporate and includes a partnership firm;

Definition

“register” means the register of members kept pursuant to section 9 of this Act;

Definition

“regulations” means regulations made by the Committee pursuant to the powers conferred upon it by the Corporation;

Definition

“rubber” includes marketable rubber prepared from the leaves, bark or latex of any rubber plant and the latex of such plant whether fluid or coagulated in any stage of the treatment to which it is subjected during the process of conversion into marketable rubber but it does not include any manufactured article wholly or partly made of rubber;

Definition

“rubber plant” includes any of the following: —

(a)

Heavea Brasiliensis (Para Rubber);

(b)

Manihot Glaziovii (Ceara Rubber);

(c)

Castilloa Elastica;

(d)

Ficus Elastica (Rambong);

(e)

any other plant which the Minister by notification in the Gazette declares to be a rubber plant for the purposes of this Act;

Definition

“rules” mean rules made pursuant to this Act;

Definition

“Secretary” means the Secretary of the Corporation appointed pursuant to the rules.

Clause 10

Management Committee

(1)

The management of the Corporation shall be vested in a Management Committee.

(2)

The Committee shall consist of —

(a)

seven members nominated by the Rubber Trade Association of Singapore;

(b)

seven members nominated by the Singapore Chambers of Commerce Rubber Association; and

(c)

a public officer,all of whom shall be appointed by the Minister.

(3)

The Minister shall appoint from among members mentioned in paragraphs (a) and (b) of subsection (2) of this section the Chairman and the Deputy Chairman of the Committee.

(4)

The Deputy Chairman may preside at meetings of the Board in the absence of the Chairman.

(5)

Each of the members referred to in subsection (2) of this section may, with the approval of the Minister, nominate one or more persons to be alternate members of the Committee one of whom may attend meetings of the Committee when the substantive member is temporarily unable to attend and when so attending such alternate member shall be deemed, for all purposes, to be a member of the Committee.

(6)

The members of the Committee appointed by the Minister under the provisions of this section shall, unless their appointment is revoked by the Minister under the provisions of subsection (8) of this section, or unless they resign during their period of office, hold office for a term of two years from the date of their appointment and shall be eligible for re-appointment. The appointment of the respective alternate members under the provisions of subsection (5) of this section shall be effective for the same period as the appointment of the respective substantive members.

(7)

Any member of the Committee who without reasonable cause absents himself from three consecutive ordinary or special meetings of the Committee and any member who has been found or declared to be of unsound mind or has become bankrupt or has made an arrangement with his creditors or has been sentenced to imprisonment shall be deemed to have vacated his office and the Minister shall be informed accordingly.

(8)

The Minister may at any time revoke the appointment of the Chairman or of any other member of the Committee.

(9)

The appointment of every member and alternate member of the Committee shall be published in the Gazette.

Clause 11

Procedure of the Committee

(1)

At any meeting of the Committee nine members present shall form a quorum for the transaction of business, provided that not less than four of the members each specified in paragraphs (a) and (b) of subsection (2) and the member referred to in paragraph (c) of subsection (2) of section 10 of this Act shall be present.

(2)

The powers of the Committee shall not be affected by any vacancy in the membership thereof.

(3)

The Chairman shall have a vote as a member and in the event of an equality of votes he shall have and shall exercise a casting vote.

(4)

At the request of any member the vote on any matter before the Committee shall be taken by ballot.

Clause 12

Powers vested in Committee

All the powers of the Corporation shall be vested in and be exercisable by the Committee except insofar as the same are by this Act or by the rules expressly required to be exercised by the Corporation in general meeting or authorised to be delegated by the Committee.

Clause 1

Short title and commencement

This Act may be cited as the Rubber Association of Singapore (Incorporation) Act, 1967, and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.(2) The Minister may appoint different dates for the coming into operation of the different Parts or provisions of this Act.

(1)

This Act may be cited as the Rubber Association of Singapore (Incorporation) Act, 1967, and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.

(2)

The Minister may appoint different dates for the coming into operation of the different Parts or provisions of this Act.

Clause 3

Establishment and incorporation of the Rubber Association of Singapore

(1)

There shall be constituted in Singapore a Corporation to be known as the “Rubber Association of Singapore” and by that name shall have perpetual succession.

(2)

The Corporation shall have a common seal and such seal may from time to time be broken, changed, altered and made anew as to the Corporation seems fit.

(3)

The Corporation may enter into contracts, may sue and be sued in its corporate name and may acquire, purchase, lease, take, hold and enjoy movable and immovable property of every description, and may sell, exchange, convey, assign, surrender and yield up, mortgage, demise, re-assign, transfer or otherwise dispose of or deal with any movable and immovable property vested in it upon such terms as to it shall seem fit.

(4)

All deeds, documents and other instruments requiring the seal of the Corporation shall be sealed with the seal of the Corporation pursuant to a resolution of the Committee to that effect in the presence of the Chairman or the Deputy Chairman or some other member of the Committee authorised by the Committee to act in that behalf and of the Secretary, who shall sign every such deed, document or instrument to which such seal is affixed, and such signing shall, without further attestation, be sufficient evidence that such seal was duly and properly affixed and that the same is the lawful seal of the Corporation.

Clause 4

Vesting of the Association’s assets and property in the Corporation

(1)

Upon the coming into operation of this Part of this Act —

(a)

the Association shall cease to exist as a society under the Societies Ordinance (Cap. 228) and shall be transferred to and maintained by the Corporation;

(b)

the Corporation shall take over all the functions of the Association;

(c)

all the assets and movable and immovable property of every description and all the powers, rights and privileges in connection therewith or appurtaining thereto which immediately before the date of the coming into operation of this Part of this Act were vested in the Association shall forthwith vest in the Corporation freed and discharged from any trust whatsoever, but subject nevertheless to the provisions of this Act; and

(d)

all the liabilities and obligations of the Association which may have existed immediately prior to the date of the coming into operation of this Part of this Act shall be transferred to and vest in the Corporation.

(2)

Any existing trustees of the Association at the date of the coming into operation of this Part of this Act shall forthwith be released and discharged from any duties or responsibilities under any trust which may have existed immediately prior to the date of the coming into operation of this Part of this Act.

Clause 5

Restriction on use of income

The income of the Corporation shall be applied solely towards the promotion of the objects of the Corporation 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 howsoever by way of profit to any member:Provided that nothing herein contained shall prevent the payment or repayment in good faith of remuneration or expenses to any officer or servant of the Corporation or to any member thereof in return for services actually rendered to the Corporation.

Clause 6

Objects

The objects of the Corporation shall be —

(a)

to promote, support, develop and maintain the rubber industry in general, particularly as regards the national and individual interests therein, and with those objects in view to conduct a market in Singapore for the sale and purchase of rubber and to make such arrangements and regulations as may be deemed desirable for the proper conduct of the trade and commerce in and for the marketing and distribution of rubber, and for those purposes to secure that such trade, marketing and distribution shall so far as possible be carried on through the market established by, and under the arrangements and regulations from time to time formulated by or with the approval of, the Corporation;

(b)

to obtain and provide (whether by purchase, lease or otherwise), regulate and maintain a suitable building or buildings, room or rooms for the purposes of a Rubber Exchange, a Clearing House or Settlement House or both in Singapore and offices in connection therewith and also for the use and convenience of persons using such Rubber Exchange, Clearing House or Settlement House and subscribers thereto and also to provide and carry on or let with or without control, rooms and other premises for the accommodation, refreshment, use or convenience of the members and to construct, alter and maintain any buildings required for any of the purposes aforesaid;

(c)

to establish and carry on the business of a Clearing House or Settlement House or both for facilitating the conduct of mercantile business and in particular for facilitating the clearing and settlement of contracts for the purchase and sale of rubber, and to make and stipulate such remuneration, terms and conditions in respect of such business as may from time to time be determined;

(d)

to enter into relations and to co-operate to such extent and on such conditions as may be deemed desirable with associations or companies having objects altogether, or in part, similar to those of the Corporation and with Chambers of Commerce and other trade, mercantile and public bodies throughout the world;

(e)

in the furtherance of the objects afore-mentioned to carry on the trade or business of warehousemen, lightermen, forwarding agents, removers, storers, packers and carriers of rubber and other goods and merchandise of every description and to issue warrants to persons warehousing goods with the Corporation;

(f)

to consider and deal with all questions connected with the trade, marketing and distribution of rubber and with the interests of the Corporation and its members;

(g)

to make and enforce in such manner as may seem expedient by-laws and regulations as to the conduct of the rubber trade and the terms and conditions on which it is to be carried on and for the maintenance of proper standards of conduct in the carrying on of such trade, and for the regulation of transactions between members and between members and others;

(h)

to provide means to facilitate the business and the transaction of the business of the trade, and to set up forms of contract for the transaction of business between members of the Corporation, and between members of the Corporation and others;

(i)

to inspect, sample and grade rubber in any part of the world in such manner as may be deemed expedient;

(j)

to act as arbitrator and to appoint arbitrators and umpires in any dispute affecting rubber or any dealing therein and otherwise to make arrangements for the settlement of disputes by arbitration;

(k)

to appoint agents in any part of the world for any purpose incidental to any of the objects of the Corporation;

(l)

to afford members and others facilities for co-operation in all matters affecting the interests of persons interested in or connected with the production of, or trade or commerce in, rubber;

(m)

to encourage research in the uses of rubber and take steps for the diffusion among the public of information with reference to its possible uses and to co-operate with others in the matters aforesaid, and to make all such payments in connection therewith as may seem fit;

(n)

to borrow or raise any moneys required for the purposes of the Corporation in such manner and upon such securities as the Corporation thinks fit;

(o)

to receive money, bills of exchange and negotiable and other securities, and make receipts, bills of lading, warehouse warrants or certificates or other documents of title to goods on deposit at interest or otherwise and to invest, lend and deal with moneys of or under the control of the Corporation in such manner as may from time to time be determined; to receive by way of security or deposit or for any purpose goods, merchandise and property of every description or warehouse warrants or certificates or other documents of title relating thereto and to accept such responsibility, if any, in respect thereof as may be determined and to issue warrants or documents of title in respect thereof;

(p)

to act as agents for depositors or others in respect of money, goods, merchandise, articles and things from time to time deposited with or under the control of the Corporation and in collecting, paying or remitting money or securities for money in Singapore or elsewhere;

(q)

to undertake and execute any trusts which may appear conducive to the objects of the Corporation or the interests of its members or other persons interested in or connected with the production of, or trade or commerce in, rubber;

(r)

to act as representatives in Singapore or in any country abroad of any company or association having objects similar to any of the objects of the Corporation;

(s)

to indemnify any member in respect of action taken, or to be taken, or liability incurred, or to be incurred, by him which the Committee may consider conducive to the interests of its members;

(t)

to provide and collect from members, or otherwise, funds for the purpose of carrying on or furthering the objects of the Corporation or any of them;

(u)

to do all such other lawful things as are incidental or conducive to the attainment of the above objects or any of them.

Clause 7

Membership

(1)

Membership of the Corporation shall —

(a)

be confined to persons carrying on or intending to carry on business in such classes of the rubber trade or industry as may from time to time be prescribed by the rules; and

(b)

comprise ordinary members and such other category or categories as may from time to time be prescribed by the rules.

(2)

Ordinary membership shall be confined to persons who —

(a)

carry on or intend to carry on business in the rubber trade or industry in and from a place of business in Singapore; and

(b)

in the case of individuals, are ordinarily resident in Singapore, or in the case of corporations, are either incorporated in or registered under any written law of Singapore.

Clause 8

Exclusive rights of ordinary members

Only ordinary members shall be entitled to attend and vote at any meeting of the Corporation; and subject to the provisions of sections 10 and 12 of this Act, only ordinary members or officers or employees ordinarily resident in Singapore of corporations which are ordinary members shall be eligible to be members of the Committee.

Clause 9

Register of members

(1)

The Corporation shall keep a register of members at its registered office, and such register shall show with respect to each member the category and class of his membership and the said register shall be conclusive proof of the facts recorded therein.

(2)

All persons with a place of business in Singapore who were members of the Association immediately prior to the date of the coming into operation of Part II of this Act shall, if they so elect in accordance with the provisions of subsections (3), (4) and (5) of this section, be deemed to be members of the Corporation and shall be registered as members of the Corporation in the register referred to in subsection (1) of this section and in the manner provided therein.

(3)

Any person as is referred to in subsection (2) of this section shall make an election in writing addressed to the Secretary within one month of the date of the coming into operation of this Part of this Act indicating whether or not he wishes to become a member of the Corporation.

(4)

Any such person who fails to make an election within the time specified in subsection (3) of this section shall be deemed to have elected to become a member of the Corporation.

(5)

Any election which is made or deemed to be made under this section shall be irrevocable.

(6)

Any person whose name has not been recorded in the register within three months of the date of the coming into operation of this Part of this Act shall apply in writing to the Committee to have his name so registered.

Clause 13

Establishment and administration of the Fund

(1)

There shall be established a fund to be called the “Singapore Rubber Fund” (hereinafter in this Act referred to as “the Fund”) which shall be controlled and administered by the Committee, subject to the directions of the Minister.

(2)

All moneys received by the Committee from any source whatsoever including the proceeds of any cess as is referred to in section 14 of this Act shall be paid into the Fund.

(3)

The Fund shall be devoted to the following purposes: —

(a)

the payment of the expenses of, or connected with, the administration of the Committee; and

(b)

the payment of all expenses necessary for carrying out the purposes of this Act.

(4)

The Corporation shall keep a full and correct account of all moneys received and expended by it and shall before the expiry of three months after every calendar year submit a report accompanied by a statement of its revenue and expenditure to the Minister.

(5)

The accounts of the Corporation under this Part of this Act shall be subject to audit by an auditor approved by the Minister.

Clause 14

Collection of cess

(1)

The Minister, on the recommendation of the Corporation, may, for the purposes of this Act, make orders for the imposition, collection, valuation or cancellation of a cess on rubber exported from Singapore.

(2)

Every order made under subsection (1) of this section shall be published in the Gazette and shall be presented to Parliament as soon as may be after publication.

Clause 15

Expenses of Corporation

All expenses incurred by the Corporation in the administration of this Act shall be borne by the Corporation.

Clause 16

Power to make rules

The Corporation may, with the approval of the Minister, make rules, not inconsistent with the provisions of this Act —

(a)

to prescribe the form of application for membership;

(b)

to regulate the election of members and to prescribe entrance fees and subscriptions;

(c)

to constitute and define the various categories or classes of members and to define the respective rights, privileges and obligations of members and of each such category and class;

(d)

to provide for the suspension, cancellation or termination of membership;

(e)

to regulate for the maintenance of proper standards of conduct in the carrying on of the rubber trade and to deal with infringements of the same;

(f)

to provide for the election, appointment, tenure of office, rotation, retirement, discipline, disqualification, conduct of proceedings and powers and duties of the members of the Committee;

(g)

to provide for the powers and duties of the Chairman and the Deputy Chairman;

(h)

to provide for the calling and conduct of and procedure at meetings of the Corporation and voting of members whether by proxy or otherwise at meetings;

(i)

to provide for the appointment of a Secretary and other officers of the Corporation;

(j)

to provide for the keeping, audit and presentation of accounts;

(k)

to authorise the Committee to make such by-laws and regulations as may be expedient; and

(l)

for any other purposes, whether of a similar nature to the foregoing or not, necessary or expedient in or about the management of the Corporation or for the carrying into effect of any of the objects of the Corporation.

Clause 17

Alteration of rules

(1)

Subject to subsection (2) of this section, the rules or any of them may from time to time be revoked, amended or added to by the Corporation.

(2)

No revocation, alteration or addition of or to any rules shall be effective —

(a)

unless ratified by the Minister; and

(b)

until the same shall have been published in the Gazette.

Clause 18

Members bound by rules, etc

(1)

Every person upon becoming a member, or upon being deemed to become a member, shall be bound by this Act and by the rules, by-laws and regulations and the same shall be deemed to constitute a valid and binding contract entered into between himself, the Corporation and all other members jointly and severally, for the enforcement of which he, the Corporation or any other member may sue and be sued and due effect shall be given thereto in all courts.

(2)

Notwithstanding any written law to the contrary the Official Assignee or Liquidator administering the assets of a member upon bankruptcy or winding up shall be entitled to all the rights and be bound by all the obligations of such member under this Act and the rules, by-laws and regulations made thereunder.

Clause 19

Safeguarding of contract

(1)

The provisions of section 6 of the Civil Law Ordinance (Cap. 24) shall not apply to any contract or agreement which —

(a)

purports to be a contract or agreement for the sale or purchase of rubber either for immediate or future delivery;

(b)

is in a form prescribed by the rules, by-laws or regulations made under this Act; and

(c)

is entered into by any person with or through the agency of a member.

(2)

Notwithstanding anything to the contrary contained in any written law, no contract or agreement which falls within the provisions of subsection (1) of this section shall be illegal or invalid on the grounds that the parties to such contract or agreement or any of them did not at the time of entering into such contract or agreement hold or possess any licence or permit to sell, purchase or otherwise to deal in rubber, the holding or possessing of which is required under any written law.

Clause 20

Directions of Minister

The Minister may from time to time issue general directions not inconsistent with the provisions of this Act, and the Corporation shall comply with those directions.

Rubber Association of Singapore (Incorporation) Bill

About this bill

PRELIMINARY

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MANAGEMENT OF THE CORPORATION

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