Singapore legislation

Clause 4

of Second Supplementary Supply (FY 2020) Bill

Clause 4

Supplementary supply from Development Fund

(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.

(2)

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

(3)

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