11AAPayments in relation to excess State fiscal contributions—1998‑99

11AA Payments in relation to excess State fiscal contributions—1998‑99

(1) This section applies if the amounts paid, or taken (under this Act or any other Act) to have been paid, by a State during the grant year commencing on 1 July 1998 in satisfaction of the State’s 1998‑99 fiscal contribution (within the meaning of section 15C), exceed the amount of the State’s 1998‑99 fiscal contribution. (2) The Treasurer may pay an amount by way of financial assistance to the State during the grant year commencing on 1 July 1998, or during the next grant year, that is equal to the amount of the excess.