SINGAPORE FUND

In January 1990, the Welfare Funds administered by Headquarters New Zealand Defence Force South-East Asia were remitted to New Zealand and paid out on a pro rata basis to the single services. The Singapore Fund was established by the Chief of General Staff on 1st April 1990 to administer.

Since then a capital amount has been maintained to provide a separate identifiable source of income to the fund, and the only income derived from this account by way of interest is available for distribution.

The aim of the fund is to provide financial assistance to individuals and teams participating in an approved activity. Income from the fund may be made available by way of a grant, a loan or a combination of both to assist eligible persons. Applications for funds are to be