/akn/sg/act/bill/2020/26

Second Supplementary Supply (FY 2020) Bill

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Type
Bill
Status
In force
Enacted
2020
Sections
5

Quick answer

About this bill

Second Supplementary Supply (FY 2020) Bill is Singapore Bill, cited as Bill 26 2020, currently marked in force and first recorded in 2020.

Clause 2

Interpretation

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In this Act, “reserves” and “term of office” have the meanings given by the Constitution of the Republic of Singapore.

Clause 3

Supplementary supply from Consolidated Fund

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(1)

A further sum of not more than $41,042,104,400, not otherwise provided for by the Supply Act 2020 (Act 10 of 2020) and the Revised Supplementary Supply (FY 2020) Act 2020 (Act 15 of 2020), is authorised to be issued from the Consolidated Fund for the period starting 1 April 2020 and ending 31 March 2021.

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(2)

Under subsection (1), there shall be a drawing on the reserves not accumulated by the Government during its current term of office of a sum not exceeding $26,042,104,400.

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(3)

The sum in subsection (1) is appropriated for the Heads of Expenditure for the public service specified in the Schedule.

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Clause 4

Supplementary supply from Development Fund

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(1)

A further sum of not more than $2,270,511,200, not otherwise provided for by the Supply Act 2020 and the Revised Supplementary Supply (FY 2020) Act 2020, is authorised to be issued from the Development Fund for the period starting 1 April 2020 and ending 31 March 2021.

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(2)

The sum in subsection (1) shall be a drawing on the reserves not accumulated by the Government during its current term of office.

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(3)

The sum in subsection (1) is appropriated for development purposes under the Heads of Expenditure specified in the Schedule.

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Clause 5

Virement disapplied

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Sections 17(4) and 17A of the Financial Procedure Act (Cap. 109) do not apply to any amount in section 3(2) or 4 that is to be drawn on the reserves not accumulated by the Government during its current term of office.

Common questions

What is Second Supplementary Supply (FY 2020) Bill?
Second Supplementary Supply (FY 2020) Bill is Singapore Bill, cited as Bill 26 2020, currently marked in force and first recorded in 2020.
Is Second Supplementary Supply (FY 2020) Bill still in force?
Yes — Second Supplementary Supply (FY 2020) Bill is currently in force.
When did Second Supplementary Supply (FY 2020) Bill take effect?
Second Supplementary Supply (FY 2020) Bill was first recorded in 2020.
How many clauses does Second Supplementary Supply (FY 2020) Bill have?
Second Supplementary Supply (FY 2020) Bill contains 5 clauses.
Where can I read the official version of Second Supplementary Supply (FY 2020) Bill?
The official text of Second Supplementary Supply (FY 2020) Bill is published at sso.agc.gov.sg.