Singapore legislation
Regulation 18
Regulation 18
Continuation and reconstitution of Town Councils do not affect reckoning of financial years
To avoid doubt, the continuation or reconstitution of a Town Council —
(a)
does not affect how the financial year of the Town Council is reckoned under section 50(2) of the Act; and
(b)
is not to be treated as the establishment of the Town Council for the purposes of section 50(3) of the Act.