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History
Reserves of the Government of Singapore
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The reserves of the Government of Singapore is a collection of assets, after subtracting for liabilities, owned by the Government of Singapore and the entities listed in the fifth schedule of the Constitution, such as the Central Provident Fund (CPF), Housing and Development Board (HDB) and Temasek Holdings amongst others. This also includes the Official Foreign Reserves (OFR) accumulated by the Monetary Authority of Singapore (MAS) and the assets managed by GIC Private Limited (GIC). Liabilities held by the Government include MAS-issued bonds such as Singapore Government Securities (SGS) and Government-issued Special Singapore Government Securities (SSGS) that are exclusively purchased by CPF with monies from CPF account holders.
HDB flats in Woodlands; when HDB purchases state land for development into public housing, the purchase price paid by HDB goes into the past reserves.
HDB flats in Woodlands; when HDB purchases state land for development into public housing, the purchase price paid by HDB goes into the past reserves.
The Istana is the official residence of the President of Singapore.
The Istana is the official residence of the President of Singapore.
President Ong Teng Cheong in 1997
President Ong Teng Cheong in 1997
A POSB branch at Waterway Point, in Punggol.
A POSB branch at Waterway Point, in Punggol.
Constitution of Singapore
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The Constitution of the Republic of Singapore is the supreme law of Singapore. A written constitution, the text which took effect on 9 August 1965 is derived from the Constitution of the State of Singapore 1963, provisions of the Federal Constitution of Malaysia made applicable to Singapore by the Republic of Singapore Independence Act 1965, and the Republic of Singapore Independence Act itself. The text of the Constitution is one of the legally binding sources of constitutional law in Singapore, the others being judicial interpretations of the Constitution, and certain other statutes. Non-binding sources are influences on constitutional law such as soft law, constitutional conventions, and public international law.
Old Parliament House, photographed in January 2006
Old Parliament House, photographed in January 2006
The 1999 Reprint of the Constitution
The 1999 Reprint of the Constitution
Article 155 of the 1999 Reprint of the Constitution, which empowers the Attorney-General to issue authorised reprints of the Constitution
Article 155 of the 1999 Reprint of the Constitution, which empowers the Attorney-General to issue authorised reprints of the Constitution
The Supreme Court of Singapore. Its lower division, the High Court, exercises judicial review to ensure that legislation and administrative acts are c
The Supreme Court of Singapore. Its lower division, the High Court, exercises judicial review to ensure that legislation and administrative acts are constitutional.