Singapore legislation
Section 37
Section 37
Estimates
(1)
The Bank shall in every year cause to be prepared and adopt annual estimates of income and expenditure of the Bank for the ensuing year.
(2)
Supplementary estimates may be adopted by the Bank.
(3)
A copy of all annual and supplementary estimates shall, upon their adoption by the Bank, be sent forthwith to the Minister who may approve or disallow any item or portion of any item shown in the estimates, and shall return the estimates as amended by him to the Bank and the Bank shall be bound thereby.
(4)
The estimates as approved by the Minister shall be published in the Gazette.