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← Development Fund Act 1959

Development Fund Act 1959 s 4

s 4 Payment of moneys from Development Fund

4.—(1) The Minister may, by warrant, authorise the issue of any sum from the Development Fund to meet expenditure appropriated by a Supply or Supplementary Supply law.[Act 3 of 2024 wef 26/02/2024] (2) If it appears to the Minister to be necessary to alter the proportion assigned to any of the subheads of any head of expenditure appropriated by a Supply or Supplementary Supply law, or to create a new subhead, the Minister may, by warrant, authorise the transfer of a further sum out of any surplus arising on any other subhead of the same head, in aid of any subhead which may be deficient or of any new subhead except that the amount appropriated under any head of expenditure by a Supply or Supplementary Supply law shall not be thereby exceeded.[Act 3 of 2024 wef 26/02/2024]

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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