Singapore legislation

Section 148E

of Constitution of the Republic of Singapore

Section 148E

Debt charges and moneys required to satisfy judgments

Amended by5/91

(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.

(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.

Amended by5/91

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