STATES GRANTS (COAL STRIKE EMERGENCY).
No. 48 of 1949.
An Act to grant and apply out of the Consolidated Revenue Fund a
Sum for the purpose of Financial Assistance to the States by reason of the
losses and costs incurred by the States as a result of the Coal Strike.
[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 (Coal Strike Emergency) Act 1949.
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 to the States, during the year which commenced on the first
day of July, One thousand nine hundred and forty-nine, for the purpose of
financial assistance, the sum of Eight million pounds.
Allocation
of grant.
4.The
sum payable to the States under the last preceding section shall be divided
amongst the States in the proportions in which, under section seven of the States Grants (Tax Reimbursement) Act 1946–1948,
the aggregate grant referred to in that section is divisible amongst the States
for the year ending on the thirtieth day of June, One thousand nine hundred and
fifty.
Appropriation.
5.