Singapore legislation

Clause 38

of Singapore Overseas Telecommunication Board Ordinance

Clause 38

Supplemental budget

(1)

The Board may at any time cause to be prepared a supplemental budget to provide for unforeseen or urgently required expenditure containing —

(a)

a revised estimate of the income for the current year;

(b)

a revised estimate of the expenditure for the current year; and

(c)

a statement showing how provision is therein made to meet additional expenditure.

(2)

A supplemental budget shall be dealt with in the manner prescribed in section 36 of this Ordinance for the annual budget.

Clause 38 — Singapore Overseas Telecommunication Board Ordinance