Singapore legislation

Clause 19

of National Stadium Corporation Bill

Clause 19

Supplemental budgets

(1)

The Corporation may at any time cause to be prepared a supplemental budget to provide, subject to the provisions of paragraph (c) of subsection (2) of section 25 of this Act, for unforeseen or urgently required expenditure containing —

(a)

a revised estimate of the income for the current financial year;

(b)

a revised estimate of the expenditure for the current financial 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 provided in section 17 of this Act for the annual budget.

Clause 19 — National Stadium Corporation Bill | laws.sg