Clause 1
Short title and commencement
This Act is the Supply Act 2021 and comes into operation on 1 April 2021.
/akn/sg/act/bill/2021/3
Supply Bill
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- Type
- Bill
- Status
- In force
- Enacted
- 2021
- Sections
- 5
Quick answer
About this bill
Supply Bill is Singapore Bill, cited as Bill 3 2021, currently marked in force and first recorded in 2021.
Clause 2
Interpretation
In this Act, “reserves” and “term of office” have the meanings given by the Constitution of the Republic of Singapore.
Clause 3
Supply from Consolidated Fund
(1)
A sum not more than $101,419,929,300 is authorised to be issued from the Consolidated Fund for the period starting 1 April 2021 and ending 31 March 2022.
(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 $10,653,283,400.
(3)
The sum in subsection (1) is appropriated for the Heads of Expenditure for the public service specified in the Schedule.
Clause 4
Supply from Development Fund
(1)
A sum not more than $32,406,628,900 is authorised to be issued from the Development Fund for the period starting 1 April 2021 and ending 31 March 2022.
(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 $356,716,600.
(3)
The sum in subsection (1) is appropriated for development purposes under the Heads of Expenditure specified in the Schedule.
Clause 5
Virement disapplied
Sections 17(4) and 17A of the Financial Procedure Act (Cap. 109) do not apply to any amount in section 3(2) or 4(2) that is to be drawn on the reserves not accumulated by the Government during its current term of office.
Common questions
- What is Supply Bill?
- Supply Bill is Singapore Bill, cited as Bill 3 2021, currently marked in force and first recorded in 2021.
- Is Supply Bill still in force?
- Yes — Supply Bill is currently in force.
- When did Supply Bill take effect?
- Supply Bill was first recorded in 2021.
- How many clauses does Supply Bill have?
- Supply Bill contains 5 clauses.
- Where can I read the official version of Supply Bill?
- The official text of Supply Bill is published at sso.agc.gov.sg.