Significant Infrastructure Government Loan Bill
Table of Contents
Long Title
Enacting Formula
Part 1 PRELIMINARY
1 Short title and commencement
2 Interpretation
3 Purpose of Act
Part 2 AUTHORISATION AND APPLICATION OF LOAN
4 Power to raise loan
5 Borrowing limit
6 Issuing securities for borrowing
7 Principal and interest charged on Consolidated Fund
8 Borrowing expenses
9 Power to raise loan non‑delegable
10 Borrowing only for nationally significant infrastructure expenditure
11 Meaning of "nationally significant infrastructure expenditure"
Part 3 TERMS OF SECURITIES
12 Redemption
13 Early redemption
14 Payment of interest
15 Interest stops on redemption
16 Transferability, etc., of securities
Part 4 ADMINISTRATION
17 MAS is agent
18 Securities lending arrangements
19 Issue of book‑entry securities
20 Transfers and pledges of book‑entry securities
21 Transfers and pledges effected by other means
22 MAS to be discharged by action on instructions
23 Confirmation of transactions
Part 5 REGULATIONS
24 Regulations
25 Presentation to Parliament
Part 6 AMENDMENTS TO OTHER ACTS AND REPEALS
26 Related amendments to Development Fund Act 1959
27 Related amendment to External Loans Act 1968
28 Related amendments to Finance Companies Act 1967
29 Related amendments to Financial Procedure Act 1966
30 Related amendments to Government Securities Act 1992
31 Consequential amendment to Income Tax Act 1947
32 Consequential amendments to Monetary Authority of Singapore Act 1970
33 Repeal of certain Acts
Explanatory Statement
Expenditure of Public Money