Singapore legislation

Regulation 21

of Town Councils Financial Rules

Regulation 21

Custody, disposal and responsibility for negligence

Amended byS 637/2007 wef 01/12/2007

Subregulation 1

All collections received by authorised officers must be deposited as soon as possible in the safe or vault provided for the purpose, or paid into a bank account of the Town Council; and negligence in this respect will place the entire responsibility for any loss upon the officer concerned.

Subregulation 2

Amended byS 637/2007 wef 01/12/2007

Whenever any cash collection exceeding $5,000 is physically conveyed by a cashier of a Town Council, there shall be an armed escort or a second officer accompanying the cashier.