STATES GRANTS.
No. 66 of 1940
An Act to
grant and apply out of the Consolidated Revenue Fund sums for the purposes of
Financial Assistance to the States of South Australia, Western Australia and
Tasmania.
[Assented to 16th December, 1940.]
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.
1.This
Act may be cited as the States Grants Act
1940.
Commencement.
2.This
Act shall come into operation on the day on which it receives the Royal Assent.
Payment for financial assistance to States.
3.There
shall be payable, for the purposes of financial assistance to the States of
South Australia, Western Australia and Tasmania, during the year commencing on
the first day of July, One thousand nine hundred and forty, the sum of Two
million and fifty thousand pounds.
Allocation of grant.
4.The
amount payable to each State under this Act shall be the amount shown in the
following table opposite the name of that State:—
£ |
South Australia................... | 1,000,000 |
Western Australia............... | 650,000 |
Tasmania........................... | 400,000 |
2,050,000 |
Method of payment.
5.The
amount payable to any State under this Act shall be paid to that State in equal
monthly instalments.
Appropriation.
6.