Urban Redevelopment Authority (Amendment) Bill

Bill No. 15/1989

Read the first time on 19th January 1989.
An Act to amend the Urban Redevelopment Authority Act (Chapter 340 of the 1985 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 Urban Redevelopment Authority (Amendment) Act 1989 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
Amendment of section 2
2.  Section 2 of the Urban Redevelopment Authority Act (referred to in this Act as the principal Act) is amended —
(a)by inserting, immediately after the definition of “competent authority”, the following definitions:
“ “conservation” means the preservation, enhancement or restoration of —
(a)the character or appearance of a conservation area; or
(b)the trades, crafts, customs and other traditional activities carried on in a conservation area;
“conservation area” has the same meaning as in the Planning Act [Cap. 232];”.
Amendment of section 15
3.  Section 15 of the principal Act is amended —
(a)by deleting the word “and” at the end of paragraph (a)(ii);
(b)by inserting, at the end of sub-paragraph (iii) of paragraph (a), the word “and”, and by inserting immediately thereafter the following sub-paragraph:
(iv)the conservation of any part or the whole of any conservation area as agent or consultant for the Government;”; and
(c)by inserting, immediately after paragraph (e), the following paragraph:
(ea)to inform, advise and make recommendations or proposals to the Government or any person or statutory body on the designation of conservation areas and all matters related to the conservation of those areas;”.
Repeal and re-enactment of section 18
4.  Section 18 of the principal Act is repealed and the following section substituted therefor:
Conservation guidelines
18.—(1)  The Authority may from time to time issue guidelines for the conservation of any building or land within a conservation area and such other requirements, particulars and information relating to conservation as the Authority thinks fit.
(2)  The Authority shall publish and make available copies of such guidelines, requirements, particulars and information issued under subsection (1) for free inspection by and for sale at a reasonable cost to the public.”.
Amendment of section 43
5.  Section 43 of the principal Act is amended —
(a)by inserting, immediately after subsection (1), the following subsection:
(1A)  A person shall not be qualified for appointment as an auditor under subsection (1) unless he is an approved company auditor under the Companies Act [Cap. 50].”; and
(b)by deleting “$500” in the ninth line of subsection (4) and substituting “$1000”.
Amendment of section 44
6.  Section 44 of the principal Act is amended —
(a)by inserting, immediately after the word “shall,” in the first line of subsection (1), the words “as soon as practicable but”; and
(b)by deleting subsections (3), (4) and (5) and substituting the following subsections:
(3)  The Authority’s auditor may at any other time report to the Minister through the Authority upon any matter arising out of the performance of his audit.
(4)  The Authority’s auditor shall in his report state —
(a)whether the financial statements show fairly the financial transactions and the state of affairs of the Authority;
(b)whether proper accounting and other records have been kept, including records of all assets of the Authority whether purchased, donated or otherwise;
(c)whether the financial statements are prepared on a basis similar to that adopted for the preceding year;
(d)whether the financial statements are in agreement with the accounting and other records;
(e)whether the receipts, expenditure, investment of moneys and the acquisition and disposal of assets by the Authority during the financial year have been in accordance with this Act; and
(f)such other matters arising from the audit as he considers should be reported.
(5)  The remuneration of the Authority’s auditor shall be paid out of the funds of the Authority.”.
Amendment of section 45
7.  Section 45 of the principal Act is amended —
(a)by deleting subsection (1) and substituting the following subsection:
(1)  As soon as the accounts of the Authority and the financial statements have been audited in accordance with the provisions of this Act but not later than 31st October in each year, a copy of the audited financial statements signed by the Chairman and certified by the Authority’s auditor, together with a copy of any report made by the auditor, shall be submitted to the Minister.”; and
(b)by deleting subsection (3) and substituting the following subsection:
(3)  The Minister shall as soon as practicable cause a copy of the audited financial statements and of the report of the Authority’s auditor to be presented to Parliament.”.