Singapore legislation

Clause 17

of Defence Science and Technology Agency Bill

Clause 17

Annual estimates

(1)

The Agency shall in every financial year prepare or cause to be prepared and shall adopt annual estimates of income and expenditure of the Agency for the ensuing financial year.

(2)

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

(3)

A copy of all annual estimates and supplementary estimates shall, upon their adoption by the Agency, be sent forthwith to the Minister who may approve or disallow any item or portion of any item shown in the estimates, and shall return the estimates as amended by the Minister to the Agency, and the Agency shall be bound thereby.

Clause 17 — Defence Science and Technology Agency Bill