Singapore legislation

Clause 25

of Urban Redevelopment Authority Bill

Clause 25

Annual estimates

(1)

The Authority shall every year cause to be prepared and shall adopt annual estimates of income and expenditure of the Authority for the ensuing year.

(2)

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

(3)

A copy of all annual and supplementary estimates shall, upon their adoption by the Authority, be sent forthwith to the Minister for approval.

(4)

The Authority may transfer all moneys or part thereof assigned to one item of expenditure to another under the same head of expenditure in supplementary estimates approved by the Minister.

(5)

A summary of the annual estimates and supplementary estimates adopted by the Authority and approved by the Minister shall be published in the Gazette.

Clause 25 — Urban Redevelopment Authority Bill | laws.sg