Singapore legislation

Clause 50

of Deposit Insurance Bill

Clause 50

Annual estimates

(1)

The Agency shall, in every financial year, prepare or cause to be prepared annual estimates of income and expenditure of the Fund and the Agency for the ensuing financial year and a supplementary estimate for any financial year.

(2)

All annual estimates and supplementary estimates shall be presented to the Minister for his approval.

Clause 50 — Deposit Insurance Bill | laws.sg