National Productivity Board Bill |
Bill No. 3/1972
Read the first time on 7th March 1972. |
An Act to establish the National Productivity Board and for purposes 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 National Productivity Board Act, 1972, 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 National Productivity Board |
Constitution of the Board |
4.—(1) The Board shall consist of —
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Subscribing members |
5.—(1) The Board may admit any person, company or firm whose activities relate to the functions of the Board to be a subscribing member of the Board.
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Objects of the Board |
6. The objects of the Board shall be —
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Powers of the Board |
7. The Board shall have all such powers and may perform all such duties as it may consider necessary or expedient to enable it to exercise its objects under this Act, and without prejudice to the generality of the foregoing or to any other powers conferred by this Act, it may —
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Disclosure of interest |
8.—(1) If a director of the Board has directly or indirectly an interest 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 the commencement thereof, 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 other matter.
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Appointment of committees and delegation of powers |
9.—(1) The Board may, in its discretion, appoint from among its own members or from among other persons who are not members of the Board such number of committees for purposes which, in the opinion of the Board, would be better regulated and managed by means of such committees.
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Executive Director of the Board |
10.—(1) The Board shall, with the approval of the Minister, appoint an Executive Director of the Board who shall perform such duties as the Board may entrust or delegate to him. The Executive Director shall be a member of the Board of Directors but shall have no voting rights in respect of any matter deliberated upon by the Board.
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Appointment of officers and servants |
11.—(1) The Board may from time to time appoint and employ such officers and servants as may be necessary for the purposes of this Act and may from time to time dismiss them.
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Protection from personal liability |
12.—(1) No matter or thing done and no contract of any kind entered into by the Board and no matter or thing done by any member of the Board or by any employee thereof or any other person whomsoever acting under the direction of the Board shall, if the matter or thing was done or the contract was entered into bona fide for the purpose of executing the provisions of this Act, subject any such member or employee or any person acting under the direction of the Board personally to any action, liability, claim or demand whatsoever in respect thereof.
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Directors and officers of the Board deemed to be public servants |
13. The directors of the Board and the employees thereof, of every description, shall be deemed to be public servants within the meaning of the Penal Code (Cap. 103). |
Power of Minister to give directions and require information |
14.—(1) The Minister may give to the Board such directions, not inconsistent with the provisions of this Act, as he thinks fit, as to the exercise of the functions of the Board under this Act, and the Board shall give effect to all such directions.
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Payments to the Board |
15.—(1) For the purpose of enabling the Board to carry out its functions and to defray expenditure properly chargeable to capital account, including defraying initial expenses and for the provision of working capital, the Minister may authorise payment to the Board of such sums as he may determine.
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Accounts of the Board |
16.—(1) The Board shall prepare in respect of each financial year terminating on the 31st day of March a statement of account in a form approved by the Minister. Such statement of account shall be audited by a qualified auditor to be appointed in respect of each financial year by the Board with the approval of the Minister, and the auditor shall make a report on the accounts examined by him.
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Annual report |
17. So soon as may be after the 1st day of April but not later than the 30th day of September of each year, unless expressly authorised in writing by the Minister, the Board shall prepare a report of its activities and operations in the preceding financial year and shall send a copy of such report to the Minister who shall present the copy of every such report to Parliament. |
Funds and property of the Board |
18.—(1) The funds and property of the Board shall consist of —
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Regulations |
19.—(1) The Board may, with the prior approval of the Minister, make such regulations as it may consider necessary or desirable for the proper conduct of the business of the Board and the execution of its functions including, without prejudice to the generality of the foregoing, regulations with regard to the following matters: —
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Winding up |
20. The Board shall not be wound up except by or under the authority of an Act of Parliament. |
Exemption |
21. The Board shall be exempted from the payment of income tax and stamp duty. |
Transitional |
22.—(1) Upon the date of the coming into operation of this Act —
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