Skills Future Singapore Agency Act 2016 · 2020 Revised Edition · Part 6 · Financial Provisions
44. Revenue and property of Agency
Feedback & supportThe funds and property of the Agency include —
Agency
“Agency” means the SkillsFuture Singapore Agency established by section 3;
all moneys paid to the Agency by way of grants, subsidies, donations, gifts and contributions for purposes of the Agency;
all moneys paid to, and all other moneys and property lawfully received by, the Agency for purposes of the Agency;
all fees and charges payable to the Agency under this Act or any other Act administered by the Agency;
all moneys, dividends, royalties, interest or income received from any transaction made pursuant to the powers conferred on the Agency under this Act or any other Act administered by the Agency;
all moneys borrowed by the Agency under this Act;
the Skills Development Fund; and
all accumulations of income derived from any property or money mentioned in paragraphs (a) to (f).
The Skills Development Fund must be managed and administered by the Agency separately from the other funds and property of the Agency.