QUEENSLAND GRANT (SPECIAL ASSISTANCE) ACT 1976
No. 153 of 1976
An Act to grant Financial
Assistance to Queensland.
BE IT ENACTED by the Queen, and the Senate and House of Representatives
of the Commonwealth of Australia, as follows:—
Short title.
1. This Act may be cited as the
Queensland Grant (Special
Assistance) Act 1976.
Commencement.
2. This Act shall come into
operation on the day on which it receives the Royal Assent.
Payment of financial assistance.
3. (1) Subject to this section,
there is payable to Queensland during the year that commenced on 1 July
1976, for the purpose of financial assistance, the sum of $27,000,000.
(2) The
sum payable to Queensland referred to in sub-section (1) shall be reduced by
the sum of any amounts paid to that State under section 4 of the States
Grants (Special Assistance)
Act 1975.
(3) Payments
for the purposes of sub-section (1) shall be made in such amounts and at such
times as the Treasurer approves.
Payments for the year 1977-78.
4. The Treasurer may, during
the period of 6 months commencing on 1 July 1977, make payments to Queensland,
for the purposes of financial assistance, of amounts not exceeding in the
aggregate $13,500,000.
Appropriation.
5. Payments in accordance with
this Act shall be made out of the Consolidated Revenue Fund, which is
appropriated accordingly.