In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Singapore Labour Foundation Act 1977 · 2020 Revised Edition · Part 2 · The Foundation and the Board
18. Accounts
Feedback & support(1)
The Board must open and maintain any account or accounts with a bank or banks that it considers necessary.
(2)
The Board must cause proper books of account to be kept with respect to —
(a)
all sums of money received and expended by the Foundation and all matters in respect of which receipt and expenditure takes place;
(b)
all sales and purchases of goods by the Foundation; and
(c)
the assets and liabilities of the Foundation.