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← Skills and Workforce Development Agency Act 2026

Skills and Workforce Development Agency Act 2026 s 45

s 45 Meanings of “incentive”, “grant” and “loan” from Agency

45. In this Part, an incentive, a grant or a loan from the Agency means —(a) an incentive, a grant or a loan given by the Agency out of moneys in the Skills Development Fund in accordance with section 7 of the Skills Development Levy Act 1979; (b) an incentive, a grant or a loan given by the Agency out of moneys not in the Skills Development Fund; or (c) an incentive, a grant or a loan given by the Agency out of a combination of moneys mentioned in paragraphs (a) and (b).

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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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