Singapore Totalisator Board Act 1987 s 16

s 16 Proportion of deduction from investment to belong to Board

16. The sums deducted by way of commission in accordance with section 15(1)(b), together with any fractional money arising pursuant to the operation of section 15(2), are deemed for all purposes to belong to and form part of the general funds of the Board and may be apportioned between the Board and the totalisator agency in such proportion and in such manner as the Minister may approve.[13

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