1States Grants (Special Assistance) Act 1973

States Grants (Special Assistance) Act 1973

No. 205 of 1973

AN ACT

To grant Financial Assistance to the States of Queensland,
South Australia and Tasmania.

[Assented to 18 December 1973]

BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—

Short title.

1. This Act may be cited as the States Grants (Special Assistance) Act 1973.

Commencement.

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

Payment of financial assistance to a State.

3. (1) Subject to this section, there is payable during the year that commenced on 1 July 1973, for the purpose of financial assistance—

(a) to the State of Queensland—the sum of Ten million dollars;

(b) to the State of South Australia—the sum of Nineteen million nine hundred thousand dollars; and

(c) to the State of Tasmania—the sum of Eight million six hundred and fifty thousand dollars.

(2) A sum payable to a State referred to in sub-section (1) shall be reduced by the sum of any amounts paid to that State under section 4 of the States Grants (Special Assistance) Act 1972.

(3) Payments for the purposes of this section shall be made in such amounts and at such times as the Treasurer determines.

Payments for the year 1974-75.

4. The Treasurer may, during the period of six months commencing on 1 July 1974, make payments to a State referred to in sub-section 3(1), for the purposes of financial assistance, of amounts not exceeding in the whole a sum equal to one-half of the amount specified in that sub­section 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.

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