Singapore legislation

Section 20

of Singapore Accountancy Commission Act 2013

Section 20

Annual estimates

(1)

The Commission must, in every financial year, prepare or cause to be prepared, and must adopt, annual estimates of income and expenditure of the Commission for the following financial year.

(2)

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

(3)

A copy of all annual estimates and supplementary estimates must, upon their adoption by the Commission, be sent as soon as possible to the Minister.