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2nd Reading
Ministry of Finance

Supply Bill

Bill Summary

  • Purpose: Senior Minister of State Indranee Rajah stated that the Bill seeks legislative approval for appropriations from the Consolidated Fund and the Development Fund to meet estimated government expenditure for the financial year from 1 April 2016 to 31 March 2017, empowering the Minister for Finance to issue warrants authorizing these payments.
Reading Status 2nd Reading
1st Reading Mon, 4 April 2016
Introduction — no debate
2nd Reading Thu, 14 April 2016

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 (Senior Minister of State for Finance and Law)

Transcripts

First Reading (4 April 2016)

"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 2016 to 31 March 2017",

recommendation of President signified; presented by the Minister for Finance (Mr Heng Swee Keat); read the First time; to be read a Second time after the conclusion of proceedings on the Estimates of Expenditure for financial year 2016/2017, and to be printed.

Second Reading (14 April 2016)

Order for Second Reading read.

2.34 pm

The Senior Minister of State for Finance (Ms Indranee Rajah): Mdm 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, therefore, to give legislative approval for the appropriations from the Consolidated Fund and Development Fund to meet the expenditure in the Financial Year, 1 April 2016 to 31 March 2017. 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 2016 to 31 March 2017, as contained in Paper Command No 2 of 2016.

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 Development Fund. Madam, I beg to move.

Question put, and agreed to.

Bill accordingly read a Second time.

Ms Indranee Rajah: Mdm 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.