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Supplementary Supply (FY 2008) Bill

Bill No. 7/2009

Read the first time on 3rd February 2009.

An Act to provide for making supplementary provision to meet additional expenditure for the financial year 1st April 2008 to 31st March 2009.

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 Supplementary Supply (FY 2008) Act 2009.

Interpretation

2. In this Act, “reserves” and “term of office” shall have the same meanings as in the Constitution of the Republic of Singapore.

Supplementary supply from Consolidated Fund

3.—(1) A further sum of $1,578,946,200, not otherwise provided for by the Supply Act 2008 (Act 7 of 2008), is hereby authorised to be issued from the Consolidated Fund for the period from 1st April 2008 to 31st March 2009.

(2) Under subsection (1), there shall be a drawing on the reserves which were not accumulated by the Government during its current term of office of a sum not exceeding $1,125,000,000.

(3) Sections 17(4) and 17A of the Financial Procedure Act (Cap. 109) shall not apply to any amount which shall be drawn on the reserves which were not accumulated by the Government during its current term of office.

(4) The sum specified in subsection (1) is hereby appropriated for the several Heads of Expenditure for the public service specified in the Schedule.

Supplementary supply from Development Fund

4.—(1) A further sum of $1,311,399,200, not otherwise provided for by the Supply Act 2008, is hereby authorised to be issued from the Development Fund for the period from 1st April 2008 to 31st March 2009.

(2) The sum specified in subsection (1) is hereby appropriated for the several purposes of the Heads of Expenditure specified in the Schedule.