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2nd Reading
Ministry of Finance

Third Supplementary Supply and Budget Adjustments (FY 2020) Bill

Bill Summary

  • Purpose: The Bill, moved by Second Minister for Finance Ms Indranee Rajah, seeks to provide additional funds from the Consolidated Fund for expenditures during the 2020 financial year that exceeded the amounts authorized by the Supply Act 2020 and its subsequent amendments, and to reduce certain appropriations due to exigencies.
Reading Status 2nd Reading
1st Reading Wed, 14 October 2020
Introduction — no debate
2nd Reading Thu, 15 October 2020

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

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Members Involved

Indranee Rajah (Minister, Prime Minister's Office and Second Minister for Finance and National Development and Leader of the House)

Transcripts

First Reading (14 October 2020)

"to make supplementary provision out of the Consolidated Fund to meet additional expenditure for the financial year 1 April 2020 to 31 March 2021 and to reduce certain appropriations for that financial year due to exigencies",

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

Second Reading (15 October 2020)

Order for Second Reading read.

7.54 pm

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

The purpose of this Bill is to make additional provision in accordance with Articles 148(2) and 148(c)(ii) of the Constitution for expenditures in access of the sums authorised by the Supply Act 2020. The Revised Supplementary Supply (FY 2020) Act and the Second Supplementary Supply (FY 2020) Act and to reduce certain appropriations for this Financial Year due to exigencies. The additional sums have been approved by the House in the Third Supplementary Estimates of Expenditure for the financial year 1 April 2020 to 31 March 2021 as contained in Paper Cmd No 3 of 2020. Mr Speaker, I beg to move.

Question put, and agreed to.

Bill accordingly read a Second time and committed to a Committee of the whole House.

The House immediately resolved itself into a Committee on the Bill. – [Ms Indranee Rajah].

Bill considered in Committee; reported without amendment; read a Third time and passed.