Singapore legislation
Article 148E
Article 148E
Debt charges and moneys required to satisfy judgments
Quoted provision
Clause 1
The following are hereby charged on the Consolidated Fund:
(a)
all debt charges for which the Government is liable; and
(b)
any moneys required to satisfy any judgment, decision or award against the Government by any court or tribunal.
Quoted provision
Clause 2
For the purposes of this Article, “debt charges” includes interest, sinking fund charges, repayment or amortisation of debt and all expenditure in connection with the raising of loans on the security of the Consolidated Fund and the service and redemption of debt created thereby.