s 14 Powers of Board in relation to rubber industry
14. The Board, its officers and agents may, for the purposes of promoting, supporting, developing, regulating and maintaining the rubber trade and industry in general, particularly as regards the national and individual interests therein —(a) conduct a market in Singapore for the sale, purchase and brokerage of rubber and make such arrangements and regulations as may be considered desirable for the proper conduct of the trade and commerce in and for the marketing and distribution of rubber, and for those purposes to secure that such trade, marketing and distribution are so far as possible carried on through the market established by, and under the arrangements and regulations from time to time formulated by, or with the approval of, the Board; (b) provide means to facilitate the business and the transaction of the business of the trade, and to set up forms of contract for the transaction of business between licensees and between licensees and others; (c) inspect, sample and grade rubber in any part of the world in such manner as may be considered expedient; and (d) act as arbitrator and appoint arbitrators and umpires in any dispute affecting rubber or any packing, shipping or dealing therein and otherwise to make arrangements to settle disputes by arbitration.