SUPPLY BILL

Order for Second and Third Readings read.

5.45 p.m.

The Minister for Finance (Mr Hon Sui Sen): Mr Speaker, Sir, I beg to move, "That the Bill be now read a Second time."

The Main and Development Estimates for the financial year 1st April, 1973, to 31st March, 1974, have been considered and approved by the House under Cmd. Paper No. 3 of 1973. Under section 85 of the Constitution of Singapore, heads of expenditure to be met from the Consolidated Fund, other than statutory expenditure, have been 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 issue of funds from the Consolidated Fund to meet the sums of expenditure for the financial year 1st April, 1973, to 31st March, 1974. In the Schedule to the Bill, the various heads of expenditure and the sums that may be incurred in respect of each head are shown. These have been approved by the House in the Main Estimates of Expenditure for the financial year 1st April, 1973, to 31st March, 1974, and appear in pages 49, 50 and 51 of Cmd. Paper No. 3 of 1973.

The Supply Bill, when approved, will empower me 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.

Sir, I beg to move.

Question put, and agreed to.

Bill accordingly read a Second time.

Third Reading

Mr Speaker: Mr Hon, will you please move the Third Reading?

Mr Hon Sui Sen: Mr Speaker, Sir, 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.