Singapore legislation
Clause 20
Clause 20
Annual Estimates
(1)
The Board shall in every financial year prepare or cause to be prepared and shall adopt annual estimates of income and expenditure of the Board for the ensuing financial year.
(2)
Supplementary estimates may be adopted by the Board at any of its meeting.
(3)
A copy of all annual and supplementary estimates shall, upon their adoption by the Board, be sent immediately to the Minister.