Supplementary Supply (FY 2020) Bill

Bill No. 16/2020

Read the first time on 26 March 2020.

An Act to make supplementary provision to meet additional expenditure for the financial year 1 April 2020 to 31 March 2021.

Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:

Short title

1. This Act is the Supplementary Supply (FY 2020) Act 2020.

Interpretation

2. In this Act, “reserves” and “term of office” have the meanings given by the Constitution of the Republic of Singapore.

Supplementary supply from Consolidated Fund

3.—(1) A further sum of not more than $40,937,344,500, not otherwise provided for by the Supply Act 2020 (Act 10 of 2020), is authorised to be issued from the Consolidated Fund for the period starting 1 April 2020 and ending 31 March 2021.

(2) Under subsection (1), there shall be a drawing on the reserves not accumulated by the Government during its current term of office of a sum not exceeding $15,298,425,000.

(3) The sum in subsection (1) is appropriated for the Heads of Expenditure for the public service specified in the Schedule.

Supplementary supply from Development Fund

4.—(1) A further sum of not more than $2,128,555,000, not otherwise provided for by the Supply Act 2020, is authorised to be issued from the Development Fund for the period starting 1 April 2020 and ending 31 March 2021.

(2) Under subsection (1), there shall be a drawing on the reserves not accumulated by the Government during its current term of office of a sum not exceeding $1,701,175,000.

(3) The sum in subsection (1) is appropriated for development purposes under the Heads of Expenditure specified in the Schedule.

Virement disapplied

5. Sections 17(4) and 17A of the Financial Procedure Act (Cap. 109) do not apply to any amount in section 3(2) or 4(2) that is to be drawn on the reserves not accumulated by the Government during its current term of office.

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