Commonwealth act

Invalid and Old-age Pensions Appropriation Act (No. 2) 1932

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

69 of 1932

Collection

act

Plain English Summary

1/10 complexity

This Act directs £10 million from the Consolidated Revenue Fund into a dedicated Invalid and Old-age Pensions Fund to ensure payment of pensions to invalid and old-age pensioners. By ring-fencing the cash in a trust account, it protects those Depression-era pension payments from being used for other government expenditures. It does not change eligibility or benefit levels.

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 (No. 2) 1932.

Invalid and Old-age Pensions Appropriation Act (No. 2) 1932

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. 2).

No. 69 of 1932.

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

[Assented to 5th December, 1932.]

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 (No. 2) 1932.

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.