Supply Act (No. 1) 1974-75

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1 Supply Act (No. 1) 1974-75

No. 17 of 1974

AN ACT

To make interim provision for the appropriation of moneys out of the Consolidated Revenue Fund for the service of the year ending on 30 June 1975.

[Assented to 11 April 1974]

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 Supply Act (No. 1) 1974–75.

Commencement.

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

Issue, application and appropriation of $1,804,284,000.

(1) The Treasurer may issue out of the Consolidated Revenue Fund and apply for the services specified in the Schedule in respect of the financial year ending on 30 June 1975, the sum of $1,804,284,000.

(2) Amounts issued by the Treasurer under sub-section (1) in respect of services described in the Schedule as Other Services, General Services or Grants-in-Aid may be applied only for purposes specified in items shown in respect of services so described in Acts appropriating moneys for the service of the financial year 1973–74.

12839/74—Price 40c

(3) The Consolidated Revenue Fund is appropriated to the extent necessary for the purposes of sub-section (1).

Additional appropriation in respect of increases in salaries.

(1) In addition to the sum referred to in section 3, the Treasurer may, at any time before 30 November 1974, issue out of the Consolidated Revenue Fund for the service of the year ending on 30 June 1975 amounts not exceeding such amounts as he determines in accordance with subsection (2).

(2) The amounts determined by the Treasurer under this section shall not exceed the amounts estimated to be necessary for the payment of such increases in salaries and wages, and payments in the nature of salary, for which provision is made in the Schedule, as have become payable or become payable, or have commenced or commence to be paid, after 1 April 1974, in accordance with any law, or in accordance with an award, order or determination made under a law.

(3) Amounts issued under this section may be applied only for the purposes of payment of increases referred to in sub-section (2) in salaries and wages and in payments in the nature of salary.

(4) The Consolidated Revenue Fund is appropriated to the extent necessary for the purposes of this section.

Supply Act (No. 1) 1974-75

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1 Supply Act (No. 1) 1974-75