Singapore legislation

Clause 6

of Financial Procedure Bill

Clause 6

The Consolidated Fund accounts

There shall be maintained by the Treasury in respect of the Consolidated Fund two separate accounts —

(a)

an account to be called the Consolidated Revenue Account in which account shall be kept of all moneys in the Fund other than such moneys as are mentioned in paragraph (b);

(b)

an account to be called the Consolidated Loan Account in which account shall be kept of all moneys received by way of loan upon the public credit of Singapore.