In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Singapore Totalisator Board Act 1987 · 2020 Revised Edition · Part 3 · Totalisators and Totalisator Agencies
16. Proportion of deduction from investment to belong to Board
Feedback & supportThe sums deducted by way of commission in accordance with section 15(1)(b), together with any fractional money arising pursuant to the operation of section 15(2), are deemed for all purposes to belong to and form part of the general funds of the Board and may be apportioned between the Board and the totalisator agency in such proportion and in such manner as the Minister may approve.[13
Board
Defined · s 2
“Board” means the Singapore Totalisator Board established under section 3;