In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Town Councils Act 1988 · 2020 Revised Edition · Part 6 · Financial Provisions
55. Power of investment
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Last amended by an amending law of 2004.
A Town Council may invest its funds in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965.[41
Town Council
Defined · s 2
“Town Council”, in relation to a Town, means the Town Council established under section 4 for that Town;