My bookmarksSign up free
← Monetary Authority of Singapore Act 1970

Monetary Authority of Singapore Act 1970 s 129

s 129 Investment

129.—(1) The Authority may invest the moneys of the Fund in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965.[45/2004; 31/2017] (2) The Authority may delegate all or any of its powers and functions under subsection (1) to any employee or agent as it may appoint. (3) The Authority may pay to any person appointed under subsection (2) a fee for any service rendered in exercise of any power and function delegated to that person under that subsection.

Read this section in the full act → · Open PART 5 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

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

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next