Commonwealth act

States Grants (Special Assistance) Act 1971

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

122 of 1971

Collection

act

Plain English Summary

1/10 complexity

What this law does

This Act gives one-off financial help to two Australian states—South Australia and Tasmania—during the 1971–72 financial year.

The money

South Australia: $7 million
Tasmania: $7.8 million

Important catch: If either state already received money under the previous year's States Grants (Special Assistance) Act 1970, that amount gets deducted from the figures above.

Advances for next year: The federal Treasurer can also pay each state up to half of their 1971–72 amount as an advance during the first six months of 1972–73.

Where the money comes from: Payments are drawn from the Consolidated Revenue Fund (the Commonwealth's main bank account), which this Act legally approves for this purpose.

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Current sections

Direct links to the current provisions in States Grants (Special Assistance) Act 1971.

States Grants (Special Assistance) Act 1971

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States Grants (Special Assistance)

No. 122 of 1971

An Act to grant Financial Assistance to the States of South Australia and Tasmania.

[Assented to 13 December 1971]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1. This Act may be cited as the States Grants (Special Assistance) Act 1971.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Payment of financial assistance to South Australia and Tasmania.

3.—(1.) Subject to this section, there is payable during the year that commenced on the first day of July, One thousand nine hundred and seventy-one, for the purpose of financial assistance—

(a) to the State of South Australia—the sum of Seven million dollars; and

(b) to the State of Tasmania—the sum of Seven million eight hundred thousand dollars.

(2.) A sum payable to a State under the last preceding sub-section shall be reduced by the sum of any amounts paid to that State under section 4 of the States Grants (Special Assistance) Act 1970.

Advances for year 1972–73.

4. The Treasurer may, during the period of six months commencing on the first day of July, One thousand nine hundred and seventy-two, make advances to the State of South 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 last preceding section in relation to that State.

Appropriation.

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

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.