Singapore legislation

Section 27

of Public Utilities Act

Section 27

Annual estimates

(1)

The Board shall every year cause to be prepared and shall adopt annual estimates of income and expenditure of the Board for the ensuing year.

(2)

Supplementary estimates may be adopted by the Board at any of its meetings.

(3)

A copy of all annual estimates and supplementary estimates shall, upon their adoption by the Board, be sent forthwith to the Minister.

(4)

A summary of the annual estimates and supplementary estimates adopted by the Board shall be published in the Gazette.