Singapore Examinations and Assessment Board Act 2003 · 2020 Revised Edition · Part 5 · Financial Provisions
21. Funds of Board
Feedback & supportThe funds of the Board consist of —
Board
“Board” means the Singapore Examinations and Assessment Board established under section 3;
all moneys transferred to the Board under section 32;
all moneys received by the Board by way of grants or subsidies;
all gifts, donations and contributions to the Board;
all fees, charges, commissions, rents, interests, dividends and other income accruing to the Board;
all moneys borrowed by the Board under this Act;
all moneys recovered or collected by the Board or any officer or employee thereof (including sums collected for the composition of offences) under this Act or any other written law administered by the Board; and
all other moneys lawfully received by the Board for the purposes of the Board.