Supply Bill

Bill No. 7/1996

Read the first time on 28th February 1996.
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 1996 to 31st March 1997.
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 1996 and shall come into operation on 1st April 1996.
Supply $26,761,608,640
2.—(1)  A sum not exceeding $26,761,608,640 is hereby authorised to be issued from the Consolidated Fund for the period from 1st April 1996 to 31st March 1997.
Supply $16,140,104,770
(2)  A sum not exceeding $16,140,104,770 is hereby authorised to be issued from the Development Fund for the period from 1st April 1996 to 31st March 1997.
(3)  The sums specified in subsections (1) and (2) are hereby appropriated for the purposes of the Heads of Expenditure specified in the Schedule.