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← Ngee Ann Polytechnic Act 1967

Ngee Ann Polytechnic Act 1967 s 11

s 11 Powers of Council

11. For the purpose of giving effect to the provisions of this Act, the Council may, where it considers it necessary or expedient —(a) enter into contracts; (b) acquire, purchase, take, hold and enjoy any movable and immovable property; (c) sell, convey, assign, surrender and yield up, mortgage, demise, re‑assign, transfer or otherwise dispose of any movable or immovable property vested in the Polytechnic upon any terms that the Council considers fit; (d) borrow money at interest on the security of any corporate land or of any funds of the Polytechnic; (e) invest the funds of the Polytechnic in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965; and (f) do all other matters and things incidental or appertaining to a body corporate.[45/2004]

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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.

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