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2nd Reading
Ministry of Finance

Supply Bill

Bill Summary

  • Purpose: To provide legislative approval for appropriations from the Consolidated Fund and Development Fund to meet estimated government expenditure for the financial year from 1 April 2020 to 31 March 2021, and to empower the Minister to issue warrants authorising these payments.
Reading Status 2nd Reading
1st Reading Wed, 26 February 2020
Introduction — no debate
2nd Reading Fri, 6 March 2020

Bills proceed through first reading, second reading, committee stage, third reading, and presidential assent before becoming law.

How a bill becomes law ↗

Members Involved

Indranee Rajah (Minister, Prime Minister's Office and Second Minister for Education and Finance)

Transcripts

First Reading (26 February 2020)

"to provide for the issue from the Consolidated Fund and the Development Fund of the sums necessary to meet the estimated expenditure for the financial year 1 April 2020 to 31 March 2021",

recommendation of President signified; presented by the Second Minister for Finance (Ms Indranee Rajah) on behalf of Deputy Prime Minister and the Minister for Finance; read the First time; to be read a Second time after the conclusion of proceedings on the Estimates of Expenditure for FY2020/21, and to be printed.

Second Reading (6 March 2020)

Order for Second and Third Readings read.

The Second Minister for Finance (Ms Indranee Rajah): Mr Speaker, I beg to move, "That the Bill be now read a Second time."

In accordance with Article 148(1) of the Constitution, Heads of Expenditure to be met from the Consolidated Fund and Development Fund, other than statutory expenditure, have to be included in the Bill to be known as the Supply Bill. The purpose of the Supply Bill before Members is to give legislative approval for the appropriations from the Consolidated Fund and Development Fund to meet the expenditure for the financial year 1 April 2020 to 31 March 2021. The Heads of Expenditure and the sums that may be incurred in respect of each Head are shown in the Schedule to the Bill. These have been approved by the House in the Main and Development Estimates of Expenditure for the financial year 1 April 2020 to 31 March 2021, as contained in Paper Command No 24 of 2020.

The Supply Bill, when approved, will empower the Minister to issue warrants authorising expenditure up to the amount for each Head as shown in the Bill to be paid out from the Consolidated Fund and the Development Fund. Mr Speaker, I beg to move.

Question put, and agreed to.

Bill accordingly read a Second time.

Ms Indranee Rajah: Mr Speaker, I beg to move, "That the Bill be now read a Third time."

Question put, and agreed to.

Bill accordingly read a Third time and passed.