Singapore legislation

Section 6

of Development Fund Act

Section 6

Contingencies Fund

(1)

A Contingencies Fund is hereby created consisting of moneys from time to time appropriated thereto from the Development Fund.

(2)

The Minister for Finance may, if he is satisfied that there has arisen an urgent and unforeseen need for expenditure for which no other provision exists and for which funds cannot be provided under section 4(5), make advances from the Contingencies Fund to meet such need.

(3)

Where any advance is made by virtue of the authority conferred under subsection (2), a supplementary estimate of the sum required to replace the amount so advanced shall, as soon as practicable, be presented to Parliament for approval in accordance with section 4(3).

Section 6 — Development Fund Act 1959 | laws.sg