No. S 673
Private Education Act 2009
(Act 21 of 2009)
Private Education (Exemption of Council for Private Education) Order 2010
In exercise of the powers conferred by section 68 of the Private Education Act 2009, the Minister for Education hereby makes the following Order:
Citation and commencement
1.  This Order may be cited as the Private Education (Exemption of Council for Private Education) Order 2010 and shall be deemed to have come into operation on 1st April 2010.
Exemption in relation to submission of annual financial statements
2.  The Council shall be exempted from paragraphs 5 and 10 of the Third Schedule to the Act in respect of its first financial year beginning on 1st December 2009 and ending on 31st March 2010, subject to the following terms and conditions:
(a)the financial statements in respect of the first financial year shall be incorporated into the financial statements for the financial year ending on 31st March 2011 and submitted to the auditor for audit and report as soon as practicable after the close of the financial year ending on 31st March 2011;
(b)a copy of the audited financial statements prepared in accordance with sub-paragraph (a) above, signed by the Chairman, together with a copy of the auditor’s report, shall be sent to the Minister as soon as the accounts and financial statements have been audited; and
(c)the Council shall submit a report on its financial position for its first financial year to the Minister by 31st October 2010.

Made this 25th day of October 2010.

TAN CHING YEE
Permanent Secretary,
Ministry of Education,
Singapore.
[EDUN N15-06-120/022-V1; LSB/GA40/HED/2010/209; AG/LLRD/SL/247A/2010/6 Vol. 1]
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