States Grants (Capital Assistance) Act 1972 (Cth)

States Grants (Capital Assistance)

No. 8 of 1972

An Act to amend the States Grants (Capital Assistance) Act 1971.

[Assented to 24 March 1972]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the States Grants (Capital Assistance) Act 1972.

(2.) The States Grants (Capital Assistance) Act 1971 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the States Grants (Capital Assistance) Act 1971–1972.

Commencement.

2.This Act shall come into operation on the day on which it receives the Royal Assent.

 

Grants to States during year 1971–72.

3. Section 3 of the Principal Act is amended by inserting after subsection (1.) the following sub-section:—

“(1a.) There is payable to a State specified in the first column of the Schedule to this Act, during the year ending on the thirtieth day of June, One thousand nine hundred and seventy-two, for the purpose of financial assistance in connexion with expenditure of a capital nature on primary schools and secondary schools conducted by that State, the amount specified in the third column of that Schedule opposite to the name of that State.”.

Authority to borrow.

4. Section 4 of the Principal Act is amended by omitting from subsection (1.) the words “Two hundred and nine million, eight hundred thousand dollars” and inserting in their stead the words “Two hundred and sixteen million, four hundred and sixty thousand dollars”.

Advance payments for year 1972–73.

5. Section 7 of the Principal Act is amended—

(a) by omitting from sub-section (1.) the words “third column” and inserting in their stead the words “fourth column”; and

(b) by inserting after sub-section (1.) the following sub-section:—

“(1a.) The Treasurer may, during the period of six months commencing on the first day of July, One thousand nine hundred and seventy-two, make payments to a State specified in the first column of the Schedule to this Act, for the purpose of financial assistance in connexion with expenditure of a capital nature on primary schools and secondary schools conducted by that State, of amounts not exceeding in the aggregate the amount specified in the third column of that Schedule opposite to the name of that State.”.

The Schedule.

6.The Schedule to the Principal Act is repealed and the following Schedule inserted in its stead:—

THE SCHEDULE Sections 3 and 7.

First Column	Second Column	Third Column	Fourth Column
State	Amount of Grant under Section 3(1.)	Amount of Grant under Section 3 (1a.) and Maximum Aggregate Amount of Payments under Section 7(1a.)	Maximum Aggregate Amount of Payments under Section 7(1.)
				$	$	$
				New South Wales.............................................	66,730,000	2,120,000	33,365,000
				Victoria............................................................	53,520,000	1,700,000	26,760,000
				Queensland.......................................................	26,530,000	840,000	13,265,000
				South Australia.................................................	28,760,000	910,000	14,380,000
				Western Australia.............................................	19,600,000	620,000	9,800,000
				Tasmania..........................................................	14,660,000	470,000	7,330,000
209,800,000	6,660,000	104,900,000