← Education Service Incentive Payment Act 2001

Education Service Incentive Payment Act 2001 s 12

s 12 Purposes of Fund

12. The moneys in the Fund may only be withdrawn and applied to meet any one or more of the following purposes:(a) the payment of any award under the CONNECT Plan; (b) all expenses incidental to or arising from the administration, investment and management of the Fund, including the cost of auditing the accounts of the Fund; (c) any other purposes related to aided schools or Government schools that may be prescribed by the Minister by notification in the Gazette.

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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