Singapore legislation

Clause 25

of National Stadium Corporation Bill

Clause 25

Payments to be made in accordance with budget

(1)

No payment shall be made out of the Fund unless the expenditure of the same is covered by an item in a budget and a sufficient balance for such item is available.

(2)

Notwithstanding the absence of such provision, the Corporation may pay —

(a)

sums deposited by contractors or other persons whenever by the conditions of such deposit any such sum has become payable;

(b)

sums collected and credited to the funds of the Corporation in error;

(c)

any expenditure incurred to secure the proper execution of the powers, functions and duties of the Corporation under this Act which in the opinion of the Corporation cannot be postponed.

(3)

Provision shall be made in a supplemental budget for any payment made under paragraph (c) of subsection (2) of this section.