STATES GRANTS.
No. 59 of 1957.
An Act to grant Financial Assistance to the States of South Australia,
Western Australia and Tasmania.
[Assented to 20th November, 1957.]
BE it enacted by the Queen’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 1957.
Commencement.
2.This Act shall come into operation on the day on which it receives the
Royal Assent.
Payment of financial
assistance to States.
3. There is payable, during the year which
commenced on the first day of July, One thousand nine hundred and fifty-seven,
to a State specified in the Schedule to this Act, for the purpose of financial
assistance, the amount specified in that Schedule opposite to the name of that
State.
Advances for year 1958–59.
4. The Treasurer may, during the period of six
months commencing on the first day of July, One thousand nine hundred and
fifty-eight, pay to a State specified in the Schedule to this Act, for the
purpose of financial assistance, amounts not exceeding in the whole a sum equal
to one-half of the amount specified in that Schedule opposite to the name of
that State.
Appropriation.
5.Payments in accordance with this Act shall be made out of the
Consolidated Revenue Fund, which is appropriated accordingly.
THE
SCHEDULE. Sections
3 and 4.
£ |
South Australia............................................................................................... | 5,700,000 |
Western Australia............................................................................................ | 10,150,000 |
Tasmania........................................................................................................ | 3,650,000 |
19,500,000 |