No. S 105
Government Contracts Act
Chapter 118
Government Contracts (Authorisation) (Amendment) Notification 1999
In exercise of the powers conferred by section 2 of the Government Contracts Act, the Minister for Finance hereby makes the following Notification:
Citation and commencement
1.  This Notification may be cited as the Government Contracts (Authorisation) (Amendment) Notification 1999 and shall be deemed to have come into operation on 1st March 1999.
Amendment of Schedule
2.  The following provisions of the Schedule to the Government Contracts (Authorisation) Notification 1999 (G.N. No. S 36/99) set out in the first column are amended in the manner set out in the second column thereof:
First column
Second column
Part VI
 
 
MINISTRY OF FINANCE
 
 
(a)Item 7
Insert, immediately after paragraph (ii) in the second column, the following paragraph:
 
 
“(iii)All Government Bridging Loan Agreements for an aggregate principal loan sum in the first instance not exceeding $1 million.”.
 
(b)Item 16
Insert, immediately after paragraph (iii) in the second column, the following paragraph:
 
 
“(iv)All Government Bridging Loan Agreements for an aggregate principal loan sum in the first instance not exceeding $100,000.”.
 
(c)New Item
18A
Insert, immediately after item 18, the following item:
 
 
(18A)Assistant Directors (Investments)
All Government Bridging Loan Agreements for an aggregate principal loan sum in the first instance not exceeding $50,000.”.
(d)New Item
24A
Insert, immediately after item 24, the following item:
 
 
(24A)Senior Officers (Investments)
All Government Bridging Loan Agreements for an aggregate principal loan sum in the first instance not exceeding $50,000.”.
Made this 12th day of March 1999.
NGIAM TONG DOW
Permanent Secretary,
Ministry of Finance,
Singapore.
[MF(B) E032.000.93 Vol.9; AG/LEG/SL/118/98/1 Vol. 1]