Singapore legislation

Clause 4

of Supply Bill

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.