Singapore legislation
Regulation 25
Regulation 25
Spare keys to be deposited with bankers
Subregulation 1
The spare keys to strong rooms and safes shall be sealed in a packet and deposited with one of the bankers of the Town Council or any bank, security company or finance company providing safe deposit services.
Subregulation 2
Whenever considered necessary, the sealed packets shall be withdrawn after production of the deposit receipt, the spare keys put into use and the original keys deposited in the manner provided by this rule.
Subregulation 3
Officers taking over charge of a strong room or safe are to satisfy themselves that the spare keys are deposited in the manner provided by this rule.
Subregulation 4
Covering letters to bankers for deposit or withdrawal of spare keys shall be signed by any 2 of the following officers, namely, the secretary, the chairman and the vice-chairman.
Subregulation 5
The key to the deposit box with the bankers shall be kept by the secretary or an officer authorised by the chairman, and the duplicate key shall be kept by the chairman.