States Grants (Special Financial Assistance) Act 1970 (Cth)

States Grants (Special Financial Assistance)

No. 30 of 1970

An Act to provide for the payment of certain sums to the States by way of Special Financial Assistance.

[Assented to 20 June 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 Financial 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.

3. There is payable to the States, during the year that commenced on the first day of July, One thousand nine hundred and sixty-nine, for the purpose of financial assistance, the sum of Thirteen million five hundred thousand dollars, of which—

(a)Twelve million dollars shall be apportioned amongst the States, including the State of Tasmania, in proportion to the amounts respectively payable to them during that year calculated in accordance with sub-sections (1.), (2.) and (3.) of section 5 of the States Grants Act 1965–1968; and

 

(b)One million five hundred thousand dollars shall be paid to the State of Tasmania.

Additional financial assistance.

4. In addition to the sums payable to the States under the last preceding section, there is payable, during the year referred to in that section, to each State, for the purpose of financial assistance, the amount specified in the Schedule to this Act opposite to the name of that State.

Appropriation.

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

 

THE SCHEDULE Section 4.

$
New South Wales..................................................................................	790,000
Victoria.................................................................................................	650,000
Queensland...........................................................................................	300,000
South Australia......................................................................................	350,000
Western Australia..................................................................................	230,000
Tasmania..............................................................................................	180,000
	2,500,000