Nanyang Technological University Bill |
Bill No. 8/1991
Read the first time on 26th February 1991. |
An Act to establish a university known as the Nanyang Technological University and for purposes connected therewith, to dissolve the Nanyang Technological Institute and to repeal the Nanyang Technological Institute Act (Chapter 192 of the 1985 Revised Edition). |
Whereas the Nanyang Technological Institute was established and incorporated on 8th August 1981 to provide higher instruction, training and research in various branches of engineering and technology: |
And Whereas it is desirable for the better provision of university education in Singapore that the Nanyang Technological Institute be dissolved and a university to be known as the Nanyang Technological University be established. |
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 University Act 1991 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 Nanyang Technological University |
3. There shall be established a University to be known as the Nanyang Technological University 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 University |
5.—(1) The functions of the University shall include —
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University Constitution |
6.—(1) The University shall be governed by the provisions of the University Constitution.
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Grants-in-aid |
7.—(1) The Minister for Finance shall pay to the University such moneys as may be provided by Parliament from time to time as grants-in-aid to the University.
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Accounts and financial statements |
8.—(1) The University 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 University and over the expenditure incurred by the University.
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Audit of accounts |
9.—(1) The accounts of the University 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 University shall, as soon as the accounts of the University 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 University and its Bursar, together with a copy of the auditor’s report.
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Annual report |
11.—(1) The University shall, as soon as practicable after the end of each academic year, submit to the Minister an annual report of the activities of the University during that year.
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Grant and acquisition of land for purposes of University |
12.—(1) The President may by order grant to the University any State land for the purposes of the University 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. 311], the provisions of that Act shall have effect in relation to the Nanyang Technological University Students’ Union and its constituent bodies constituted in accordance with the University Constitution.
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Consequential amendment |
14. In any written law, agreement, bequest, will, trust or other document, any reference to the Institute shall be construed as a reference to the University. |
Rules |
15.—(1) The Minister may make rules —
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Repeal |
16. The Nanyang Technological Institute Act [Cap. 192] is repealed. |
Savings and transitionals |
17. The savings and transitional provisions contained in the Second Schedule shall have effect. |