STATES GRANTS (ADMINISTRATION OF CONTROLS
REIMBURSEMENT).
No. 49 of 1949.
An Act to make provision for the grant of Financial Assistance to
the States in connexion with the administration of Prices, Rents and Land Sales
Controls, and for other purposes.
[Assented to 27th October, 1949.]
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 (Administration of Controls Reimbursement) Act 1949.
Commencement.
2. This Act
shall come into operation on the day on which it receives the Royal Assent.
Grants
to States.
3. There
shall be payable to each State, for the purposes of financial assistance
towards the costs of administering prices, rents and land sales controls in
that State during the financial year which commenced on the first day of July,
One thousand nine hundred and forty-nine, such amount as is determined in
accordance with section five of this Act.
Statement
of expenditure by State.
4.—(1.) The Premier of each State shall, as soon as
possible after the thirtieth day of June, One thousand nine hundred and fifty,
forward to the Treasurer a statement, duly certified by the Auditor-General of
that State, setting out the amount actually expended by that State in
administering prices, rents and land sales controls during the financial year
which commenced on the first day of July, One thousand nine hundred and
forty-nine.
(2.) The Treasurer may disallow any item of
expenditure set out in a statement forwarded to him in pursuance of the last
preceding sub-section.
Amount
of grant payable to State.
5. Upon
receipt of a statement from the Premier of a State in accordance with
sub-section (1.) of the last preceding section, the Treasurer shall determine
the amount payable to the State under this Act, being the amount set out in the
statement forwarded in pursuance of sub-section (1.) of the last preceding
section less the amount of any item of expenditure disallowed by the Treasurer
in pursuance of sub-section (2.) of that section.
Advances.
6.—(1.) The Treasurer may, at such times as he thinks
fit, make advances of such amounts as he thinks fit to a State on account of
the total amount payable to that State under this Act.
(2.) Payment of each advance to a State shall be
subject to the condition that if the total of the advances paid to the State exceeds
the amount determined by the Treasurer in pursuance of the last preceding
section, the amount of the excess shall be repaid by the State to the
Commonwealth.
Appropriation.
7.