Clause 1
Short title
This Ordinance may be cited as the 1946 Rehabilitation Loan Appropriation (Repeal) Ordinance, 1961.
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Rehabilitation Loan Appropriation (Repeal) Ordinance is Singapore Bill, cited as Bill 161 1962, currently marked not in force and first recorded in 1962.
Short title
This Ordinance may be cited as the 1946 Rehabilitation Loan Appropriation (Repeal) Ordinance, 1961.
Unexpended balance to be paid into Development Fund and outstanding claims to be paid out of the Consolidated Fund
Upon the coming into operation of this Ordinance —
all the unexpended balance of money remaining after defraying expenditure under the 1946 Rehabilitation Loan Appropriation Ordinance, 1947, shall be paid into the Development Fund established by section 2 of the Development Fund Ordinance, 1959 (Ord. 52 of 1959); and
any claim outstanding under the provisions of the 1946 Rehabilitation Loan Appropriation Ordinance, 1947, shall be paid out of the Consolidated Fund.
Expenditure of moneys to be deemed to have been lawfully incurred
Notwithstanding the provisions of section 2 of the 1946 Rehabilitation Loan Appropriation Ordinance, 1947, all expenditure of moneys raised under the provisions of the Loan Ordinance, 1946 (Ord. 14 of 1946), shall be deemed to have been lawfully incurred.
Repeal
The 1946 Rehabilitation Loan Appropriation Ordinance, 1947 (Ord. 41 of 1947), is hereby repealed.
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