Commonwealth act

United Kingdom Grant Act 1948

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

58 of 1948

Collection

act

Plain English Summary

1/10 complexity

What this law does This Act authorises a one-off payment of £10 million from the Australian Government to the British Government. The money is drawn from the Consolidated Revenue Fund (Australia's central government bank account containing tax revenue).

Why it exists Passed in 1948, this was a post-World War II economic assistance measure. The United Kingdom was facing severe financial strain after the war, and this grant represented Australia's financial support to the UK during its recovery.

How it works

The Act creates legal authority to spend exactly £10 million as a non-repayable gift to the UK
The legislation is brief and unconditional—simply directing the Treasury to make the payment
No definitions, exceptions, or ongoing regulatory framework are included

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Current sections

Direct links to the current provisions in United Kingdom Grant Act 1948.

United Kingdom Grant Act 1948

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UNITED KINGDOM GRANT.

No. 58 of 1948.

An Act to grant and apply out of the Consolidated Revenue Fund the sum of Ten million pounds as a Grant to His Majesty’s Government in the United Kingdom.

[Assented to 6th December, 1948.]

BE it enacted by the King’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 United Kingdom Grant Act 1948.

Commencement

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

Appropriation of £10,000.000 as grant to United Kingdom.

3. There shall be payable out of the Consolidated Revenue Fund, which is hereby appropriated accordingly, for the purpose of a grant to His Majesty’s Government in the United Kingdom, the sum of Ten million pounds.

Source text

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