1
Short title [see Note 1]
1 Short title [see Note 1]
This Act may be cited as the Sewerage Agreements Act 1973.
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Commonwealth act
This Act approves the Commonwealth entering into specified sewerage agreements with each State and authorises payments to those States as financial assistance from the Consolidated Revenue Fund (s3–4). It permits the Treasurer to borrow up to $30,000,000 to fund those payments (s5–6) and appropriates the Consolidated Revenue Fund as required (s8). The law places funding responsibility with the Commonwealth and the Treasurer, enabling State-level sewerage projects that may affect contractors and local service provision.
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Direct links to the current provisions in Sewerage Agreements Act 1973.
This Act may be cited as the Sewerage Agreements Act 1973.
This Act shall come into operation on the day on which it receives the Royal Assent.
The execution, on behalf of the Government of Australia, of agreements between that Government and the Government of each of the States substantially in accordance with the form set out in the Schedule is approved.
The payments and advances by the Government of Australia to the Government of a State provided for in an agreement referred to in section 3 may be made, by way of financial assistance to that State, on the terms and conditions contained in that agreement, out of the Consolidated Revenue Fund.
The Treasurer may, in accordance with the provisions of the Commonwealth Inscribed Stock Act 1911-1966 or in accordance with the provisions of an Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the aggregate $30,000,000.
Moneys borrowed under section 5 shall be issued and applied only for the expenses of borrowing and for the purpose of making payments and advances to the States in accordance with this Act.
The Consolidated Revenue Fund is appropriated as necessary for the purposes of this Act.
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Act may be cited as the Sewerage Agreements Act 1973.
This Act shall come into operation on the day on which it receives the Royal Assent.
The execution, on behalf of the Government of Australia, of agreements between that Government and the Government of each of the States substantially in accordance with the form set out in the Schedule is approved.
The payments and advances by the Government of Australia to the Government of a State provided for in an agreement referred to in section 3 may be made, by way of financial assistance to that State, on the terms and conditions contained in that agreement, out of the Consolidated Revenue Fund.
The Treasurer may, in accordance with the provisions of the Commonwealth Inscribed Stock Act 1911-1966 or in accordance with the provisions of an Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the aggregate $30,000,000.
Moneys borrowed under section 5 shall be issued and applied only for the expenses of borrowing and for the purpose of making payments and advances to the States in accordance with this Act.
The Consolidated Revenue Fund is appropriated as necessary for the purposes of this Act.