1States Grants (Special Assistance) Act 1962

STATES GRANTS (SPECIAL ASSISTANCE). No. 68 of 1962. An Act to grant Financial Assistance to the States of Western Australia and Tasmania. \[Assented to 24th November, 1962.\] BE it enacted by the Queen’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 States Grants (Special Assistance) Act 1962. Commencement. 2. This Act shall come into operation on the day on which it receives the Royal Assent. Payment of financial assistance to States. 3. There is payable, during the year that commenced on the first day of July, One thousand nine hundred and sixty-two, to a State specified in the Schedule to this Act, for the purpose of financial assistance, the amount specified in that Schedule opposite to the name of that State less any amounts paid to that State in pursuance of section four of the States Grants (Special Assistance) Act 1961. Advances for year 1963-64. 4. The Treasurer may, during the period of six months commencing on the first day of July, One thousand nine hundred and sixty-three, make advances to the State of Western Australia or the State of Tasmania, for the purpose of financial assistance, of amounts not exceeding in the whole a sum equal to one-half of the amount specified in the Schedule to this Act opposite to the name of that State. Appropriation. 5. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is appropriated accordingly. THE SCHEDULE. Section 3. | | £ | | ------------------------------------------------------------ | ---------- | | Western Australia........................................... | 6,210,000 | | Tasmania................................................. | 5,041,000 | | | 11,251,000 |