NATIONAL WELFARE FUND.
No.
41 of 1945.
An Act to amend the National Welfare Fund Act 1943, and for other purposes.
[Assented to 11th October, 1945.]
Preamble.
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 and citation.
1.—(1.) This Act may be cited as the National Welfare Fund Act 1945.
(2.) The National
Welfare Fund Act 1943 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act,
may be cited as the National Welfare Fund
Act 1943–1945.
Commencement.
2.This
Act shall be deemed to have come into operation on the first day of July, One
thousand nine hundred and forty-five.
Definitions.
3. Section three of the Principal Act is amended by omitting the
definition of “income tax”.
4. Section five of the Principal Act is repealed and the following
section inserted in its stead:—
Appropriations
for purposes of National Welfare Fund
“5.—(1.) There shall be paid out of the Consolidated
Revenue Fund, which is hereby appropriated accordingly, for the purposes of the
National Welfare Fund, during the first six months of the financial year
commencing on the first day of July, One thousand nine hundred and forty-five,
the sum of Fifteen million pounds.
“(2.) There shall be payable out of the Consolidated
Revenue Fund, which is hereby appropriated accordingly, for the purposes of the
National Welfare Fund—
(a)during the last six
months of the financial year commencing on the first day of July, One thousand
nine hundred and forty-five—the sum of Twenty million pounds;
(b)in the financial year
commencing on the first day of July, One thousand nine hundred and
forty-six—the sum of Fifty-one million pounds; and
(c)
in each financial year thereafter—the amount of the social services
contribution (including provisional social services contribution) which becomes
payable under the Social Services
Contribution Assessment Act 1945 in that financial year.
“(3.) There shall be payable out of the Consolidated
Revenue Fund, which is hereby appropriated accordingly, for the purposes of the
National Welfare Fund, in each financial year, a sum equivalent to the
collections of tax in that financial year under the Pay-roll Tax Assessment Act 1941–1942.”.
Application
of National Welfare Fund.
5. Section
six of the Principal Act is amended by inserting after the word “benefits” the
words “, invalid and old-age pensions, widows’ pensions”.
6. Section fifty-three of the Invalid and Old-age Pensions Act 1908–1945
is repealed and the following section inserted in its stead:—
Payment
of Invalid and old-age pensions.
“53. Payment of pensions shall be made out of the
Trust Account established under the National
Welfare Fund Act 1943–1945 and known as the National Welfare Fund, and
payment shall be made in the prescribed manner.”.
7.Section forty-six of
the Widows’ Pensions Act 1942–1944 is
repealed and the following section inserted in its stead:—
Payment
of widows’ pensions.
“46. Payment of pensions shall be made out of the
Trust Account established under the National
Welfare Fund Act 1943–1945 and known as the National Welfare Fund.”.
8.Section
twenty-three of the Child Endowment Act 1941–1945
is repealed and the following section inserted in its stead:—
Payment
of child endowment.
“23. Payment of endowments shall be made out of the
Trust Account established under the National
Welfare Fund Act 1943–1945 and known as the National Welfare Fund.”.
Citations.
9.—(1.) Section
one of the Invalid and Old-age Pensions
Act 1945 is amended by omitting sub-section (3.).
(2.) The Invalid
and Old-age Pensions Act 1908–1944, as amended by the Invalid and Old-age Pensions Act 1945 and by this Act, may be cited
as the Invalid and Old-age Pensions Act 1908–1945.
(3.) The Widows’
Pensions Act 1942–1944, as amended by this Act, may be cited as the Widows’ Pensions Act 1942–1945.
(4.) Section one of the Child Endowment Act 1945 is amended by omitting sub-section (2.).
(5.) The Child
Endowment Act 1941–1942, as amended by the Child Endowment Act 1945 and by this Act, may be cited as the Child Endowment Act 1941