Commonwealth act

Invalid and Old-age Pensions Appropriation Act 1934

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

39 of 1934

Collection

act

Plain English Summary

1/10 complexity

This Act allocates £10 million from the government's main bank account (the Consolidated Revenue Fund) to pay for disability and aged pensions.

What it does:

Appropriates funds: Authorises the removal of £10 million from the Consolidated Revenue Fund (the Commonwealth's central tax revenue pool)
Deposits into trust: Places this money into the Invalid and Old-age Pensions Fund (a special trust account established under the Audit Act)
Pays beneficiaries: Uses these funds to provide two types of social security payments:
- Invalid pensions – for people unable to work due to disability or illness
- Old-age pensions – for elderly Australians

Why it matters: This law authorises the specific spending of taxpayer money on early Australian welfare payments. Before modern continuous funding systems, Parliament had to pass individual Acts like this to approve each year's pension budget, ensuring the government could legally pay benefits to vulnerable citizens.

JSON API

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Invalid and Old-age Pensions Appropriation Act 1934.

Invalid and Old-age Pensions Appropriation Act 1934

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

?xml version="1.0" encoding="utf-8" standalone="no"?>

INVALID AND OLD-AGE PENSIONS APPROPRIATION.

No. 39 of 1934.

An Act to grant and apply out of the Consolidated Revenue Fund a sum for Invalid and Old-age Pensions.

[Assented to 4th August, 1934.]

Preamble.

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, for the purpose of appropriating the grant originated in the House of Representatives, as follows:—

Short title.

1. This Act may be cited as the Invalid and Old-age Pensions Appropriation Act 1934.

Appropriation of £10,000,000 for Invalid and Old-age Pensions.

2. There shall be payable out of the Consolidated Revenue Fund, which is hereby appropriated accordingly, for the purposes of the Trust Account established under the Audit Act 1901–1926, and known as the Invalid and Old-age Pensions Fund, the sum of Ten million pounds for invalid and old-age pensions.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.