s 8 Powers of Board
8.—(1) Subject to this Act, the Board may carry on any activities that appear to the Board to be advantageous, necessary or convenient for it to carry on for or in connection with the discharge of its functions and duties under this Act and, in particular, the Board may exercise the following powers:(a) to act as an agent for the Government or, with the approval of the Minister, for any person, body or organisation for the transaction of any business connected with any tourism enterprise, whether such person, body, organisation or tourism enterprise is within or outside Singapore;[Act 28 of 2022 wef 01/01/2023] (b) to engage in, assist in or promote the improvement or development of facilities for visitors to Singapore and the experience of visitors in travelling to and while in Singapore (including by safeguarding the wellbeing of the visitors while in Singapore), and generally to develop and promote Singapore as a travel and tourist destination of quality, standing and repute;[Act 28 of 2022 wef 01/01/2023] (c) to secure overseas publicity for the tourist attractions in Singapore and tourism projects outside Singapore in which Singapore has an interest; (d) to coordinate the activities of persons within or outside Singapore, providing services for visitors to Singapore;[Act 28 of 2022 wef 01/01/2023] (e) to regulate standards to be maintained by any tourism enterprises that the Board may determine; (f) to license any class or classes of tourism enterprises that the Board may determine;[Act 28 of 2022 wef 01/01/2023] (g) to acquire, take on lease, hire, hold and enjoy movable and immovable property and to convey, assign, surrender, charge, mortgage, demise, transfer or otherwise dispose of, or deal with, any movable or immovable property belonging to the Board upon any terms that the Board considers fit; (h) to provide any grant or subsidy, any loan or advance, any stipend, or any other financial support to any person carrying on a tourism enterprise within or outside Singapore, on the conditions determined by the Board;[Act 28 of 2022 wef 01/01/2023] (ha) where a tourism enterprise undertakes any matter for any of the following purposes:(i) to develop and promote Singapore as a travel and tourist destination; (ii) to enhance the travel and tourism sector’s contribution to the Singapore economy, (whether the tourism enterprise or matter is within or outside Singapore), with the approval of the Minister, to provide any guarantee, indemnity or other security for any obligation or liability of the tourism enterprise in connection with that matter; [Act 28 of 2022 wef 01/01/2023] (i) to enter into any contract or agreement for carrying out the purposes of this Act; (j) to receive, in consideration of the services rendered by the Board, such commission or payment as may be agreed upon; (k) to exercise all powers and perform all duties which, under any other written law, are or may be or become vested in or delegated to the Board; (l) with the approval of the Minister, to make rules for the establishment of any scheme for the payment of pensions, gratuities, provident fund or other superannuation benefits to such employees or classes of employees or former employees of the Board as the Board may determine, on their death or retirement from the service of the Board or on their otherwise leaving the service of the Board; (m) to carry on the business of providing transport facilities for persons visiting tourist attractions in Singapore; (n) to invest its moneys in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965; (o) with the approval of the Minister, to subscribe for or acquire any stock, share, bond, debenture or other financial instrument in any company carrying on a tourism enterprise within or outside Singapore;[Act 28 of 2022 wef 01/01/2023] (p) with the approval of the Minister, to invest any money of the Board in any business within or outside Singapore which will promote or be conducive to the tourism trade in Singapore; (q) with the approval of the Minister —(i) to enter into any joint venture with any person; or (ii) to form or participate in the formation of any company, whether in Singapore or elsewhere, for the purpose of carrying out all or any of the functions of the Board; (r) with the approval of the Minister, to manage, control or supervise tourism enterprises within or outside Singapore by nominating directors or advisers;[Act 28 of 2022 wef 01/01/2023] (ra) to collaborate with persons carrying on tourism enterprises or enter into partnerships or any other arrangements with them, whether any such person or tourism enterprise is within or outside Singapore;[Act 28 of 2022 wef 01/01/2023] (s) with the approval of the Minister, to borrow money whether by way of bank overdraft or otherwise for any of the purposes of the Board that the Board may from time to time consider desirable; [Act 28 of 2022 wef 01/01/2023] (sa) to collect, compile and analyse information, and commission surveys, research or studies relating to its functions;[Act 28 of 2022 wef 01/01/2023] (t) generally to do all matters and things that are incidental to or consequential upon the exercise of the Board’s powers or the discharge of its duties under this Act.[45/2004] [Act 28 of 2022 wef 01/01/2023] (2) Any financial support provided by the Board pursuant to subsection (1)(h) may include a requirement for the repayment of the whole or any part of the financial support (whether or not with interest) if the person fails to comply with or satisfy any condition of the financial support, and the Board may sue for the repayment of the financial support with, as may be applicable, any interest, as a debt due to the Board.[Act 28 of 2022 wef 01/01/2023]