States Grants (Drought Assistance) Act (No. 2) 1966 (Cth)

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States Grants (Drought Assistance) (No. 2)

No. 61 of 1966

An Act to Grant Financial Assistance to the States of New South Wales and Queensland for the purpose of Compensating those States for Loss of Revenue due to the Effects of Drought.

[Assented to 29 October 1966]

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

Citation.

1. This Act may be cited as the States Grants (Drought Assistance) Act (No. 2) 1966.

 

Commencement.

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

Payment of financial assistance to New South Wales and Queensland.

3. There is payable during the year that commenced on the first day of July, One thousand nine hundred and sixty-six, to a State specified in the Schedule to this Act, by way of financial assistance for the purpose of compensating that State for loss of revenue due to the effects of drought, the amount specified in that Schedule opposite to the name of that State.

Appropriation.

4. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is appropriated accordingly.

 

THE SCHEDULE Section 3.

$

New South Wales.........................................................................

8,000,000

Queensland..................................................................................

2,750,000

10,750,000

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