Financial Procedure (Amendment No. 2) Bill

Bill No. 39/1968

Read the first time on 3rd December 1968.
An Act to amend the Financial Procedure Act, 1966 (No. 13 of 1966).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows: —
Short title
1.  This Act may be cited as the Financial Procedure (Amendment No. 2) Act, 1968.
Amendment of section 2
2.  Section 2 of the Financial Procedure Act, 1966, is hereby amended by deleting the definition of “financial year” appearing therein and substituting therefor the following: —
“ “financial year” means a period of twelve months ending on the 31st day of March in any year:
Provided that for the year 1968 the financial year shall mean the period of twelve months ending on the 31st day of December 1968, and the next financial year thereafter shall be the period of fifteen months ending on the 31st day of March 1970;”.
Amendment of section 19
3.  Paragraph (a) of section 19 of the Financial Procedure Act, 1966, is hereby amended by inserting immediately after the word “unserviceable” appearing in the last line thereof the expression “, redundant”.