QUEENSLAND GRANT (SPECIAL ASSISTANCE)
ACT 1977
No.
138 of 1977
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 1977.
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 1977, for the purpose of financial assistance, the sum of $24,800,000.
(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 Queensland
Grant (Special Assistance) Act 1976.
(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 1978-79
4. The Treasurer may,
during the period of 6 months commencing on 1 July 1978, make payments to
Queensland, for the purposes of financial assistance, of amounts not exceeding
in the aggregate $12,400,000.
Appropriation
5. Payments in accordance
with this Act shall be made out of the Consolidated Revenue Fund which is
appropriated accordingly.