7Principal appropriation

7 Principal appropriation

(1) Subject to subsection (2), the Consolidated Revenue Fund is appropriated in the amount of $1,010,504,000 for the purpose of making payments under this Act during the first grant year, other than: (a) grants, or advances on account of grants, for which an appropriation is made under section 8 or 9; or (b) grants, or advances on account of grants, to the Australian Capital Territory. (2) The amount referred to in subsection (1) is reduced by any amount appropriated by the 1984 Act, and paid out, after 30 June 1989 and before the commencement of this section. (3) During each of the second and third grant years, the Consolidated Revenue Fund is appropriated in the amount of $1,010,504,000 for the purpose of making payments under this Act during the year, other than grants, or advances on account of grants, to the Australian Capital Territory. (3A) For the purpose of making payments under this Act, the Consolidated Revenue Fund is appropriated in the following amounts: (a) $1,059,200,000 in respect of the fourth grant year; (b) $1,042,390,000 in respect of the fifth grant year; (c) $1,028,141,000 in respect of the sixth grant year; (d) $1,035,363,000 in respect of the seventh grant year. (4) Subsection 12(6), 13(6), 15(3) or 16(1) or (3) may operate so that grants are made to the Australian Capital Territory out of money appropriated by this section or by another Act for the purpose of making grants to other States.