Corporate Governance

Corporate Governance of SSA

Singapore Soka Association (SSA) was incorporated on January 6, 1972 under the Societies Act (Chapter 311) of The Statutes of the Republic of Singapore. In 1985, the Charities Act (Chapter 37) was introduced which legislated that organisations established for purposes which are exclusively charitable according to Singapore law, be registered as charities and accordingly governed under the Act’s requirements. By definition, all religious organisations are considered charitable organizations. SSA was registered as Charity under the Charities Act on October 10, 1985.

Annually, the Association files annual returns comprising audited financial statements, annual reports, and information on elected officials of the Board of Management in compliance with the requirements of the Societies Act and the Charities Act.

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Management of Association’s Affairs

The affairs of Singapore Soka Association are managed by a Board of Management that is elected at the Association’s Annual General Meeting that is held in May each year. The election and appointment of office holders are done in accordance with the Constitutional provision of the Association. Information on officials is annually filed with the Registry of Societies under the Ministry of Home Affairs and the Charities Council under the Ministry of Culture, Community and Youth.

The Management Committee headed by an elected Chairman undertakes the role of governance and oversees all related processes pertaining to the management and decisions on assets, funds and human resource. The Committee ensures that the organisation operates in compliance with the Constitutional Rules, legislation and rules of the authorities.

Best Practices in Governance 

Annually, SSA conducts evaluation on its Board governance in accordance with the prescribed checklists required by the Commissioner of Charities. SSA then files its declaration of compliance with the Charities Council on the Charities’ web portal. This information is accessible to the public online.