1South Australia Grant Act 1929

SOUTH AUSTRALIA GRANT.

No. 26 of 1929.

An Act to grant and apply out of the Consolidated Revenue Fund a sum for the purposes of Financial Assistance to the State of South Australia.

[Assented to 13th December, 1929.]

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 South Australia Grant Act 1929.

Payment for financial assistance to South Australia.

2. Subject to this Act, there shall be payable, for the purposes of financial assistance to the State of South Australia, during the year commencing on the first day of July, One thousand nine hundred and twenty-nine, the sum of Three hundred and sixty thousand pounds and, during each of the years commencing on the first day of July, One thousand nine hundred and thirty and on the first day of July, One thousand nine hundred and thirty-one respectively, the sum of Three hundred and twenty thousand pounds.

Period and method of payment.

3. The amount payable under this Act in any year shall be paid in equal monthly instalments.

Appropriation.

4. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is hereby appropriated accordingly.