Electricity Development (Amendment) Act 1977 (NSW)

E L E C T R I C I T Y D E V E L O P M E N T ( A M E N D M E N T )

A C T , 1977

A N N O VICESIMO SEXTO

ELIZABETHE II REGINE

Act N o . 108 , 1977 .

An Act to amend the Electricity Development Act, 1945, in
relation to contributions to the Traffic Route Lighting
Subsidy Account. [Assented to, 29th November, 1977.] BE

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows :—

1. This Act may be cited as the "Electricity Development

(Amendment) Act, 1977".

1. The Electricity Development Act, 1945, is amended

by omitting section 19C and by inserting instead the following
section :—

19c. (1) In the period of 12 months commencing 1st July, 1978, and in each period of 12 months thereafter—

(a)	the Electricity Commission of New South Wales shall pay to the Treasurer for payment into the Traffic Route Lighting Subsidy Account an amount equal to 50 per centum;
(b)	the Commissioner for Main Roads shall pay to the Treasurer for payment into the Traffic Route Lighting Subsidy Account an amount
equal to 25 per centum; and
(c)	the Treasurer shall pay into the Traffic Route Lighting Subsidy Account out of money provided by Parliament an amount equal to 25 per centum,

of the amount of subsidies which the Minister with the concurrence of the Treasurer estimates will be granted to councils under section 19D in that period of 12 months.

(2 )

(2 ) The Minister shall, before the commence­ ment of each period of 12 months referred to in sub­ section ( 1 ) , serve a notice on each person or body required to make a payment under that subsection specifying the amount of that payment.

(3) An amount payable under subsection (1) (a ) or (b) in any period of 12 months shall be paid in such sum or sums, at such time or times during that period and in such manner as the Minister may require in and by the notice referred to in subsection ( 2 ) .

(4 ) An amount payable under subsection (1) (c) in any period of 12 months shall be paid in such sum or sums, at such time or times during that period and in such manner as the Treasurer thinks fit.

(5) Within one month after the date of assent to the Electricity Development (Amendment) Act, 1977, or within such further period as the Governor may approve—

(a) the Electricity Commission of New South Wales shall pay $850,000 to the Treasurer for

payment into the Traffic Route Lighting

Subsidy Account;

(b)	the Commissioner for Main Roads shall pay $425,000 to the Treasurer for payment into the Traffic Route Lighting Subsidy Account; and
(c)	the Treasurer shall pay, out of money provided by Parliament, $425,000 into the Traffic Route Lighting Subsidy Account.

( 6 )

(6 ) The Commissioner for Main Roads may make a payment required by subsection ( 1 ) or ( 5 ) , or any part thereof, out of the County of Cumberland Main Roads Fund established under section 10 of the Main Roads Act, 1924, the Country Main Roads Fund established under section 20 of that Act or any other fund which may be utilised for the improvement or maintenance of traffic routes under that Act.