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Supply Bill

Bill No. 5/2002

Read the first time on 3rd May 2002.

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 2002 to 31st March 2003.

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 2002 and shall be deemed to have come into operation on 1st April 2002.

Supply $36,685,882,080 and $19,641,738,900

2.—(1) A sum not exceeding $36,685,882,080 is hereby authorised to be issued from the Consolidated Fund for the period from 1st April 2002 to 31st March 2003.

(2) A sum not exceeding $19,641,738,900 is hereby authorised to be issued from the Development Fund for the period from 1st April 2002 to 31st March 2003.

(3) The sums specified in subsections (1) and (2) are hereby appropriated for the purposes of the Heads of Expenditure specified in the Schedule.