Singapore legislation
Clause 4
of Constitution of the Republic of Singapore (Amendment) Bill
Clause 4
Amendment of Article 148C
Article 148C of the Constitution is amended by inserting, immediately after clause (4), the following clauses:“(5) The Minister responsible for finance may withdraw any sum from —
a Contingencies Fund for the Consolidated Fund with a view to transferring the sum to the Consolidated Fund; or (b)a Contingencies Fund for the Development Fund with a view to transferring the sum to the Development Fund,being a sum in the Contingencies Fund concerned which the Minister, after proper inquiry, is satisfied to be in excess of what is likely necessary to meet an urgent and unforeseen need for expenditure from that Contingencies Fund.(6) The Minister responsible for finance must present to Parliament a report of every transfer under clause (5) as soon as practicable after the transfer is made.”.