Supply Bill

Bill No. 8/2007

Read the first time on 27th February 2007.
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 2007 to 31st March 2008.
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 2007 and shall come into operation on 1st April 2007.
Supply $30,670,064,090 and $13,670,012,800
2.—(1)  A sum not exceeding $30,670,064,090 is hereby authorised to be issued from the Consolidated Fund for the period from 1st April 2007 to 31st March 2008.
(2)  A sum not exceeding $13,670,012,800 is hereby authorised to be issued from the Development Fund for the period from 1st April 2007 to 31st March 2008.
(3)  The sums specified in subsections (1) and (2) are hereby appropriated for the purposes of the Heads of Expenditure specified in the Schedule.