Financial Framework (Supplementary Powers) Amendment (Infrastructure, Regional Development and Cities Measures No. 1) Regulations 2018 (Cth)

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Financial Framework (Supplementary Powers) Amendment (Infrastructure, Regional Development and Cities Measures No. 1) Regulations 2018

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 10 May 2018

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Mathias Cormann

Minister for Finance

Contents

1Name

This instrument is the Financial Framework (Supplementary Powers) Amendment (Infrastructure, Regional Development and Cities Measures No. 1) Regulations 2018.

2Commencement
  1. (1)

    Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.

The whole of this instrument

The day after this instrument is registered.

15 May 2018

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

  1. (2)

    Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3Authority

This instrument is made under the Financial Framework (Supplementary Powers) Act 1997.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

Financial Framework (Supplementary Powers) Regulations 1997

  1. 1

    In the appropriate position in Part 4 of Schedule 1AB (table)

Insert:

275

Regional Growth Fund

To support regional and remote communities by providing grants in relation to infrastructure projects that create jobs and encourage economic growth in such communities.

This objective also has the effect it would have if it were limited to providing grants:

(a) in connection with trade and commerce with other countries, or among the States and Territories; or

(b)to meet Australia’s obligations under:

(i) the International Covenant on Economic, Social and Cultural Rights, particularly Articles 2 and 6; or

(ii) the International Labour Organization’s Convention concerning Employment Policy, particularly Articles 1 and 2; or

(c) in, or in relation to, a Territory; or

(d) as financial assistance to a State or Territory; or

(e) for the construction or extension of railways in any State with the consent of that State; or

(f) in relation to postal, telegraphic, telephonic or other like services (within the meaning of paragraph 51(v) of the Constitution).

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