States Grants (Special Assistance)
No. 119 of 1970
An Act to grant Financial Assistance to
the States of South Australia and Tasmania.
[Assented to 11 November 1970]
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.
1. This Act may be cited as the States
Grants (Special Assistance) Act 1970.
Commencement.
2.This Act shall come into operation on the day on which
it receives the Royal Assent.
Payment
of financial assistance to South Australia and Tasmania.
3.—(1.) Subject to this section, there is payable
during the year that commenced on the first day of July, One thousand nine
hundred and seventy, for the purpose of financial assistance—
(a) to the State of South Australia—the
sum of Five million dollars; and
(b) to the State of Tasmania—the sum of
Thirteen million six hundred and eighty thousand dollars.
(2.) The sum
payable to the State of Tasmania under the last preceding sub-section shall be
reduced by the sum of any amounts paid to that State under section 4 of the Tasmania Grant Act 1969.
Advances
for year 1971–72.
4.The Treasurer may, during the period of six months
commencing on the first day of July, One thousand nine hundred and seventy-one,
make advances to the State of South Australia or the State of Tasmania, for the
purpose of financial assistance, of amounts not exceeding in the whole a sum
equal to one-half of the amount specified in the last preceding section in
relation to that State.
Appropriation.
5.