Singapore legislation

Regulation 23

of Town Councils Financial Rules

Regulation 23

Keys of safe and money delivery box

Amended byS 179/99 wef 15/04/1999S 179/99 wef 15/04/1999S 179/99 wef 15/04/1999

Subregulation 1

Amended byS 179/99 wef 15/04/1999

All moneys received each day shall be placed at closing time in a money delivery box, cash deposit bag or such other container as the Town Council considers appropriate.

Subregulation 1A

Amended byS 179/99 wef 15/04/1999

The money delivery box, cash deposit bag or other container referred to in paragraph (1) shall —

(a)

be secured with a lock or any other suitable means of securing; and

(b)

be kept in a strong room or safe until delivered into the hands of one of the Town Council’s bankers or their representatives on the following business day.

Subregulation 2

Only articles authorised by the chairman may be kept in the safe.

Subregulation 3

Amended byS 179/99 wef 15/04/1999

The key to the lock on the money delivery box, cash deposit bag or other container and the key to the strong room or safe referred to in paragraph (1A) shall be kept by separate officers authorised by the chairman.