Supply Bill

Bill No. 12/2016

Read the first time on 4th April 2016.
An Act to provide for the issue from the Consolidated Fund and the Development Fund of the sums necessary to meet the estimated expenditure for the financial year 1 April 2016 to 31 March 2017.
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title and commencement
1.  This Act is the Supply Act 2016 and is deemed to have come into operation on 1 April 2016.
Supply from Consolidated Fund
2.—(1)  A sum not more than $82,389,729,300 is authorised to be issued from the Consolidated Fund for the period from 1 April 2016 to 31 March 2017.
(2)  The sum in subsection (1) is appropriated for the Heads of Expenditure for the public service specified in the Schedule.
Supply from Development Fund
3.—(1)  A sum not more than $32,161,255,600 is authorised to be issued from the Development Fund for the period from 1 April 2016 to 31 March 2017.
(2)  The sum in subsection (1) is appropriated for development purposes under the Heads of Expenditure specified in the Schedule.