President's Opinion on Third Supplementary Supply and Budget Adjustments (FY 2020) Bill
Transcript
Mr Speaker: Order. I wish to inform hon Members that I have on 2 November 2020 received a letter from the President on the Third Supplementary Supply and Budget Adjustments (FY 2020) Bill. Pursuant to Standing Order 93(7)(a), I will announce the opinion of the President to Parliament.
"I have accepted the recommendation of the Council of Presidential Advisers, and given my assent to the Third Supplementary Supply and Budget Adjustment (FY 2020) Bill, in accordance with Article 58 of the Constitution. My opinion is based on the Third Supplementary Estimates of Expenditure and Revised Estimates of Revenue for Financial Year 2020/2021 in Paper Cmd 3 of 2020 that accompany the Bill, which states that these lead to a drawing on the reserves not accumulated by the Government during its current term of office. I give this opinion pursuant to Article 148A(1) of the Constitution of the Republic of Singapore."
Order. Questions for Oral Answers. Mr Ang Wei Neng.