Supplementary Supply (FY 2023) Bill

Explore the details of bill number 9/2024.

Summary

  • The Supplementary Supply (FY 2023) Bill authorizes additional funding for the financial year from April 1, 2023, to March 31, 2024, totaling up to $11.25 billion.
  • Specifically, it allows for an additional $10.48 billion from the Consolidated Fund and $772.94 million from the Development Fund for various Heads of Expenditure outlined in the Schedule.
  • Key appropriations include significant funding for the Ministry of Defence ($1.78 billion), Ministry of Health ($1.17 billion), and Ministry of Transport ($752.69 million).
  • The Bill is in accordance with Article 148(2) of the Constitution, seeking to address expenditures beyond what was previously authorized by the Supply Act 2023.
  • The total additional financial expenditure amounts to no more than $11,254,428,900.

Summary written by AI (edit)

Timeline

Bill introduced

The bill is formally presented in Parliament for consideration.

7 months ago

First reading

The bill's title and key objectives are read out, but no debate occurs at this stage.

7 months ago

Second reading

Members of Parliament debate the bill's general principles and overall merits.

6 months ago

Select committee

The bill is examined in detail by a select committee, which may suggest amendments.

6 months ago

Third reading

Members of Parliament debate the final version of the bill, including any amendments made.

6 months ago

Voting

The bill is voted on by the Members of Parliament and, if it receives the required majority, it becomes law. Do note that an exact vote may not be counted; the 'ayes' can simply be louder than the 'noes'.

6 months ago

Bill passed

The bill is passed and becomes law.

6 months ago