Education Endowment and Savings Schemes Act |
Education Endowment and Savings Schemes (Grants) Regulations |
Rg 2 |
G.N. No. S 751/2007 |
REVISED EDITION 2010 |
(31st January 2010) |
[1st January 2008] |
Citation |
1. These Regulations may be cited as the Education Endowment and Savings Schemes (Grants) Regulations. |
Definitions |
2. In these Regulations, unless the context otherwise requires —
|
Grants |
3. The income of the Endowment Fund may be paid out and expended under section 6(1)(a) of the Act for the provision of grants to any of the following educational institutions to enable it to enhance its quality of teaching:
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Amount of grant |
4. The amount of every grant provided under section 6(1)(a) of the Act shall be determined by the Minister. |
Accounts and financial reports |
5. Every educational institution referred to in regulation 3 which is in receipt of any grant provided under section 6(1)(a) of the Act shall keep such records of accounts, and submit to the Ministry of Education such financial reports, as the Minister may require. [G.N. No. S 751/2007] |