Supply Bill

Bill No. 3/1997

Read the first time on 11th July 1997.
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 1st April 1997 to 31st March 1998.
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 may be cited as the Supply Act 1997 and shall be deemed to have come into operation on 1st April 1997.
Supply $33,564,211,300 and $26,995,617,900
2.—(1)  A sum not exceeding $33,564,211,300 is authorised to be issued from the Consolidated Fund for the period from 1st April 1997 to 31st March 1998.
(2)  A sum not exceeding $26,995,617,900 is authorised to be issued from the Development Fund for the period from 1st April 1997 to 31st March 1998.
(3)  The sums specified in subsections (1) and (2) are appropriated for the purposes of the Heads of Expenditure specified in the Schedule.