Singapore legislation
Regulation 21
of People’s Association (Community Development Councils) Rules
Regulation 21
Special funds
Subregulation 1
A Council may, by resolution, establish special funds for specific projects or purposes and all moneys in such funds shall be governed by rules to be drawn up by the Council.
Subregulation 2
The establishment of any such fund and the governing rules shall be subject to the approval of the Chairman of the Board or Deputy Chairman of the Board.