National Theatre Trust Act |
(CHAPTER 203) |
(Original Enactment: Ordinance 61 of 1960)
REVISED EDITION 1985 |
(30th March 1987) |
An Act to establish the National Theatre Trust. |
[1st December 1960] |
Whereas on the 3rd December 1959 a public appeal was launched by the Government for contributions to a fund for the purpose of building a National Theatre in Singapore as a permanent memorial of the attainment of self-government by the people of Singapore: |
And Whereas to this end a fund was raised in Singapore by public subscription to build a National Theatre for the promotion of National Culture: |
And Whereas it is expedient to provide by statute for the establishment of a National Theatre Trust, and the appointment of a Board of Trustees and to define the powers and duties of the Board. |
Short title |
1. This Act may be cited as the National Theatre Trust Act. |
Interpretation |
2. In this Act, “Fund” means the National Theatre Trust Fund and includes all subscriptions, donations, bequests, interest and dividends and all other property real or personal heretofore or hereafter received or acquired for the purposes of this Act by the Board mentioned in section 3. |
Establishment and incorporation of National Theatre Trust |
3. There is hereby constituted in Singapore a body corporate to be known as the National Theatre Trust (referred to in this Act as the Board) which —
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Constitution of Board |
Disclosure of interest |
5.—(1) If a Trustee is directly or indirectly interested in any contract, proposed contract or other matter and is present at a meeting of the Board, or any committee thereof, at which the contract, proposed contract, or other matter is the subject of consideration, he shall, at the meeting and as soon as practicable after it commences, disclose the fact, and shall not thereafter be present during the consideration or discussion of, and shall not vote on any question with respect to, the contract, proposed contract or matter.
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Object |
6.—(1) The object of the Board is to manage on behalf of the Minister the National Theatre and any other theatrical institutions placed under its management by the Minister and for that purpose and, subject to the provisions of this Act, the Board may —
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Application of income |
7. The income and property of the Board from wherever derived shall be applied solely towards the promotion of the objects and general purposes of the Board as set out in this Act and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profits to the Trustees:
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Execution of documents |
8. All deeds, documents or other instruments requiring the seal of the Board shall be sealed with the common seal of the Board in the presence of the Chairman or the Deputy Chairman and one other Trustee, who shall sign every such deed, document or other instrument to which the common seal is affixed and their signing is sufficient evidence that the seal was duly and properly affixed and that it is the lawful seal of the Board. |
Annual report |
9.—(1) The Board shall, as soon as possible after the close of each year, submit to the Minister an annual report on the activities of the Board during that year, and the Minister shall present a copy of every such report to Parliament.
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Accounts and audit |
10.—(1) The Board shall keep proper accounts and other records of the Board and shall prepare in respect of each financial year a statement of accounts.
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Directions by Minister |
11.—(1) The Minister may, in consultation with the Board or otherwise, give to the Board such directions as he thinks fit as to the exercise and performance by the Board of its functions under this Act and the Board shall give effect to such directions.
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Bank account of Board |
12.—(1) All moneys in the Fund shall be deposited in the bank of the Board.
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