19. Funds and property of Institute
Feedback & supportLast amended by an amending law of 1992.
The funds and property of the Institute shall consist of —
Institute
“Institute” means the Singapore Institute of Standards and Industrial Research established under section 3;
all money appropriated by Parliament for the purposes of the Institute;
all money paid to the Institute for services rendered by it or for a practice or process developed by it;
process
“process” means any practice, system, procedure or activity in industry, and includes any process for —(a)the design, manufacture, construction, installation, operation or maintenance of products, instruments, plant or equipment; and(b)the design, administration or operation of any system of quality management or testing;
all money derived by the Institute from the sale of its publications;
all money paid to the Institute by way of grants, subsidies, donations, gifts, fees, charges, rent, interests, dividends and royalties;
all money derived from the sale of any property belonging to or held by or on behalf of the Institute;
all other moneys and property lawfully received by the Institute for the purposes of the Institute; and
all accumulations of income derived from any such moneys or property.[23