Published by Authority

NO. 5]Friday, September 5 [1997

The following Act was passed by Parliament on 25th August 1997 and assented to by the President on 2nd September 1997:—
Singapore Totalisator Board (Amendment) Act 1997

(No. 4 of 1997)

I assent.

2nd September 1997.
Date of Commencement: 15th September 1997
An Act to amend the Singapore Totalisator Board Act (Chapter 305A of the 1988 Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title and commencement
1.  This Act may be cited as the Singapore Totalisator Board (Amendment) Act 1997 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
Amendment of section 4
2.  Section 4 of the Singapore Totalisator Board Act (referred to in this Act as the principal Act) is amended —
(a)by deleting the word “and” at the end of paragraph (c );
(b)by deleting paragraph (d ) and substituting the following paragraphs:
(d)with the approval of the Minister, to establish and maintain places and facilities for recreation on land owned or held by the Board and to carry out such activities as appear to the Board to be requisite, advantageous or convenient for or in connection with its functions; and
(e)to improve racing generally.”.
(c)by renumbering the section as subsection (1) of that section, and by inserting immediately thereafter the following subsections:
(2)  The Minister may, after consultation with the Board, give to the Board such general directions, not inconsistent with the provisions of this Act, as to the policy to be followed by the Board in the exercise and performance of its powers and functions under this Act as appear to the Minister to be required in the public interest, and the Board shall as soon as possible give effect to any such directions.
(3)  The Board shall furnish the Minister with information with respect to its property and activities in such manner and at such times as he may require.”.
Amendment of section 5
3.  Section 5 of the principal Act is amended by deleting subsection (1) and substituting the following subsection:
(1)  The Board shall, subject to the provisions of this Act, have power to do all such things as are in its opinion necessary for or conducive to the proper discharge of its functions under this Act and, in particular, the Board shall have power —
(a)to provide technical assistance and advice relating to racing and gaming in Singapore or elsewhere; and
(b)to form or participate in the formation of any company or joint venture for the purpose of carrying out any function of the Board or for such other purposes as the Minister may approve.”.
Amendment of section 12
4.  Section 12 of the principal Act is amended by deleting the words “10%, or such other amount (whether greater or lesser than 10%)” in paragraph (b) and substituting the words “, such amount”.