Tourist Promotion Board Regulations

Status:

Revised Edition
published on 25 Mar 1992

Tourist Promotion Board Act

(Chapter 328, Section 25)

Tourist Promotion Board Regulations

Rg 3

G.N. No. S 47/1988

REVISED EDITION 1990

(25th March 1992)

[5th March 1988]

Citation

1. These Regulations may be cited as the Tourist Promotion Board Regulations.

Meetings of Board

2.—(1) The Board may meet as often as it thinks necessary but it shall in any case meet at least 4 times in a year to discuss the management and affairs of the Board.

(2) A meeting of the Board may be called —

(a)	on the order of the Chairman;
(b)	in the absence of the Chairman from Singapore, or in the event of the Chairman’s incapacity through illness or the office of the Chairman being vacant, on the order of the Deputy Chairman; or
(c)	in the absence of the Chairman and the Deputy Chairman from Singapore, or in the event of the Chairman’s and the Deputy Chairman’s incapacity through illness or the offices of the Chairman and the Deputy Chairman being vacant, on the order of a member of the Board.

(3) The quorum at all meetings of the Board shall be 4 and no business shall be transacted unless a quorum is present.

(4) The Board shall have power to appoint committees and to appoint persons who are not members of the Board to such committees.

Tourist Promotion Fund

3.—(1) All moneys of the Tourist Promotion Fund shall —

(a)	be deposited in a bank in the name of the Board; or
(b)	be invested in any of the investments authorised by any written law for the investment of trust money.

(2) The Board may deposit the moneys of the Fund in a bank and utilise the moneys for investment in accordance with paragraph (1) in such proportions as it may determine.

(3) All cheques drawn upon the bank account of the Board shall be signed by —

(a)	a member and an officer;
(b)	two members; or
(c)	two officers,

of the Board duly authorised by the Board in that behalf.

(4) No officer of the Board shall be authorised to sign any cheque under paragraph (3) unless the officer is drawing a salary of at least $900 a month.

Common seal of Board

4. All deeds, documents or other instruments requiring the seal of the Board shall be sealed with the common seal of the Board in the presence of the Chairman and the Director or one other member of the Board who shall sign every such deed, document or other instrument to which the common seal is affixed and such signing shall be sufficient evidence that the seal was duly and properly affixed and that the seal is the lawful seal of the Board.

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