Competition Act 2004 · 2020 Revised Edition · Part 2 · Competition and Consumer Commission of Singapore
12. Minister’s approval of estimates
Feedback & supportLast amended by an amending law of 2018.
A copy of all annual estimates of revenue and expenditure and supplementary estimates must, upon their adoption by the Commission, be sent without delay to the Minister.
Commission
“Commission” means the Competition and Consumer Commission of Singapore established by section 3;
The Minister may approve or disallow any item or portion of any item shown in the annual estimates or supplementary estimates.
The Minister must return the annual estimates or supplementary estimates as amended under subsection (2) to the Commission, and the Commission is bound by the Minister’s decision.
However, the Commission may transfer all or any part of moneys assigned to one item of expenditure to any item under the same head of expenditure in any estimates approved by the Minister.