Nanyang Technological Institute Bill |
Bill No. 17/1981
Read the first time on 15th June 1981. |
An Act to provide for the establishment and incorporation of the Nanyang Technological Institute and for matters connected therewith. |
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 Nanyang Technological Institute Act, 1981, and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint. |
Interpretation |
2. In this Act, unless the context otherwise requires —
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Establishment of the Nanyang Technological Institute |
3. There is hereby established an Institute to be known as the Nanyang Technological Institute which shall be a body corporate with perpetual succession and a common seal and shall, by that name, be capable of —
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Common seal |
Functions and powers of the Institute |
5.—(1) The functions of the Institute shall include —
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Constitution of the Institute |
6.—(1) The Institute shall be governed by the provisions of the Constitution of the Institute set out in the Schedule to this Act.
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Grants-in-aid |
7.—(1) The Minister for Finance shall pay to the Institute such moneys as may be provided by Parliament from time to time as grants-in-aid to the Institute.
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Accounts and financial statements |
8.—(1) The Institute shall keep proper accounts and records of its transactions and affairs and shall do all things necessary to ensure that all payments out of its moneys are correctly made and properly authorised and that adequate control is maintained over the assets of, or in the custody of, the Institute and over the expenditure incurred by the Institute.
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Audit of accounts |
9.—(1) The accounts of the Institute shall be audited by the Auditor-General or such other auditor as may be appointed annually by the Minister in consultation with the Auditor-General.
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Presentation of financial statements and auditor’s report to Parliament |
10.—(1) The Institute shall, as soon as the accounts of the Institute and the financial statements have been audited in accordance with the provisions of this Act, send to the Minister a copy of the audited financial statements, signed by the President of the Institute and its Bursar, together with a copy of the auditor’s report.
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Annual report |
11.—(1) The Institute shall, as soon as practicable after the end of each academic year, submit to the Minister an annual report of the activities of the Institute during that year.
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Grant and acquisition of land for purposes of the Institute |
12.—(1) The President may by order grant to the Institute any State land for the purposes of the Institute subject to such restrictions, conditions and prohibitions relating to the use, occupation or disposition of the land as may be specified in the order.
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Application of Societies Act to student bodies |
13.—(1) Notwithstanding anything to the contrary in the Societies Act (Cap. 262), the provisions of that Act shall have effect in relation to the Nanyang Technological Institute Students’ Union and its constituent bodies constituted in accordance with the Constitution of the Institute.
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Rules |
14.—(1) The Minister may make rules —
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