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Supply Act (Singapore)
The Supply Act is a sources of Singapore law#Statutes, statute passed by the Parliament of Singapore, Parliament of Singapore that provides for the amount of money, issued from the Consolidated and Development Funds, that the Government may spend in the coming financial year. It also specifies the purposes for which the money may be spent. As an example, the 2014 law is designed specifically to make sure that the total moneys authorised between 1 April 2014 to 31 March 2015 to be issued from the Consolidated Fund for the financial period is less than S$64,374,642,700, while the total moneys authorised to be issued from the Development Fund for the financial period is less than S$24,780,828,700. Overview The Supply Act is usually debated as the Annual Budget of the Government of Singapore. Before the end of each financial year, the Ministry of Finance prepares the Singapore Budget and the Minister for Finance presents the Budget to the Parliament before the new financial year begin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of Singapore
The Parliament of Singapore is the unicameral legislature of the Republic of Singapore, which governs the country alongside the president of Singapore. Largely based upon the Westminster system, the Parliament is made up of Members of Parliament (MPs) who are elected, as well as Non-constituency Members of Parliament (NCMPs) and Nominated Members of Parliament (NMPs) who are appointed. Following the 2020 general election, 93 (currently 92) MPs and two NCMPs were elected to the 14th Parliament. Nine NMPs will usually be appointed by the president. The speaker of Parliament has overall charge of the administration of Parliament and its secretariat, and presides over parliamentary sittings. The leader of the house is an MP appointed by the prime minister to arrange government business and the legislative programme of Parliament, while the leader of the opposition is the MP who leads the largest political party not in the government. Some of Parliament's work is carried out b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sources Of Singapore Law
There are three general sources of Singapore law: legislation, judicial precedents (case law), and custom. Legislation is divided into statutes and subsidiary legislation. Statutes are written laws enacted by the Singapore Parliament, as well as by other bodies that had power to pass laws for Singapore in the past. Statutes enacted by these other bodies may still be in force if they have not been repealed. One particularly important statute is the Constitution of the Republic of Singapore, which is the supreme law of Singapore. Any law the Legislature enacts after the commencement of the Constitution that is inconsistent with it is, to the extent of the inconsistency, void. Subsidiary legislation, also known as "delegated legislation" or "subordinate legislation", is written law made by ministers or other administrative agencies such as government departments and statutory boards under the authority of a statute (often called its "parent Act") or other lawful authority, and n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Singapore
The Government of Singapore is defined by the Constitution of Singapore to mean the executive branch of the state, which is made up of the president and the Cabinet. Although the president acts in their personal discretion in the exercise of certain functions as a check on the Cabinet and the Parliament, their role is largely ceremonial. It is the Cabinet, composed of the prime minister and other ministers appointed on their advice by the president, that have the general direction and control of the government. The Cabinet is formed by the political party that gains a simple majority in each general election. A statutory board is an autonomous agency of the Government that is established by an Act of Parliament and overseen by a government ministry. Unlike ministries and government departments that are subdivisions of ministries, statutory boards are not staffed by civil servants and have greater independence and flexibility in their operations. There are five Community ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Singapore
The president of Singapore is the head of state of the Singapore, Republic of Singapore. The role of the president is to safeguard the Reserves of the Government of Singapore, reserves and the integrity of the Singapore Civil Service, public service. The presidency is largely ceremonial, with the Cabinet of Singapore, Cabinet led by the Prime Minister of Singapore, prime minister having the general direction and control of the Government of Singapore, government. The incumbent president is Halimah Yacob, who took office on 14 September 2017. She is also the first female president in the country's history. History The office of the ''President of the Republic of Singapore'' was created on 9 August 1965 when Singapore achieved independence from Malaysia. It replaced the office of Yang di-Pertuan Negara which was created when Singapore attained Self-governance of Singapore, self-governance from the United Kingdom in 1959. The last Yang di-Pertuan Negara, Yusof Ishak, became the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heng Swee Keat
Heng Swee Keat (; born 15 April 1961) is a Singaporean politician, former police officer and civil servant who has been serving as Deputy Prime Minister of Singapore since 2019 and Coordinating Minister for Economic Policies since 2020 and also chairman of the People's Action Party since 2022. He has been the Member of Parliament (MP) representing the Bedok division of East Coast GRC since 2020. Heng had previously served as Minister for Education between 2011 and 2015 and Minister for Finance between 2015 and 2021. Prior to entering politics, Heng worked in the Singapore Police Force (SPF), Ministry of Education (MOE), Ministry of Trade and Industry (MTI), and Monetary Authority of Singapore (MAS). He was also the principal private secretary to Senior Minister Lee Kuan Yew between 1997 and 2001. He made his political debut in the 2011 general election as part of a five-member PAP team contesting in Tampines GRC and won with 57.22% of the vote. He then elected as a Member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Singapore)
The Ministry of Finance (MOF; ms, Kementerian Kewangan; zh, 财政部; ta, நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the structure of the economy of Singapore. Responsibilities The authority's main regulatory statutes are Accountants Act, Accounting Standards Partnerships Act, Business Registration Act, Companies Act, Limited Partnerships Act and the Limited Liability Partnerships Act. The MOF ensures that businesses in Singapore are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles. Singapore Budget Every year, the MOF prepares the Singapore Budget and the Minister for Finance presents the Budget to the Parliament before the new financial year begins. The Budget includes the revised Government revenue and expenditure projections for the current financial year as well as the planned governmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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