Town Councils Act |
Town Councils (Disbursement of Moneys from Sinking Fund) Financial Rules 2020 |
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Citation and commencement |
1. These Rules are the Town Councils (Disbursement of Moneys from Sinking Fund) Financial Rules 2020 and come into operation on 20 February 2020. |
Definitions |
2. In these Rules —
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Improvement works for privatised estates |
Works for housing estates of Board |
4. For the purposes of section 33(6)(a)(v) of the Act, a Town Council may disburse moneys from any of its ordinary sinking funds to meet expenses or liabilities properly attributable to that sinking fund in respect of any of the following works carried out or to be carried out for the benefit of residents in the housing estates of the Board within the Town which the Town Council manages and maintains:
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Permanent Secretary, Ministry of National Development, Singapore. |
[AG/LEGIS/SL/329A/2015/31 Vol. 1] |