Monetary Authority of Singapore Bill
Table of Contents
Long Title
Enacting Formula
Part I PRELIMINARY
1 Short title and commencement
2 Interpretation
Part II ESTABLISHMENT, CAPITAL AND ADMINISTRATION OF THE AUTHORITY
3 Establishment of the Authority
4 Principal objects of the Authority
5 Authorised capital
6 General Reserve Fund
7 Board of directors
8 Appointment of directors
9 Appointment of managing director
10 Disqualification of directors
11 Vacancies in the office of director
12 Meetings and decisions of the board
13 Director’s interest in contract to be made known
14 Preservation of secrecy
15 Remuneration not to be related to profits
16 Public servants
Part III PROVISIONS RELATING TO STAFF, TRANSFER OF FUNCTIONS, EMPLOYEES AND ASSETS, ETC
17 List of posts and appointment of employees
18 Transfer of employees
19 Pension schemes, provident fund, etc
20 No entitlement in respect of abolition or re-organisation of office
21 Transfer of functions, powers, duties, assets and liabilities, etc., to the Authority
Part IV POWERS, DUTIES AND FUNCTIONS OF THE AUTHORITY
22 Powers, duties and functions of the Authority
23 Investment of funds
24 Authority as a banker to, and financial agent of, the Government and manager of its external assets
25 Agents
Part V MISCELLANEOUS
26 Statistics
27 Authority’s financial year
28 Audit
29 Preparation and publication of annual accounts and annual report
30 Borrowing from Authority by officers and employees
31 Power to appoint attorney
32 Exemption from taxes, fees and levies
33 Validity of acts and transactions of Authority
34 Guarantee by Government
35 Fiat of Attorney-General
36 Jurisdiction
37 Power of Authority to make regulations
38 Preliminary acts and expenses
39 Operation of Act not to affect the Currency Act, 1967
Part VI TRANSITIONAL
40 Transitional provisions
Explanatory Statement
Expenditure of Public Money