STATES
GRANTS (SPECIAL FINANCIAL ASSISTANCE) (No. 2)
No. 35 of 1951.
An Act to grant
and apply out of the Consolidated Revenue Fund sums for the purposes of
Financial Assistance to the States.
[Assented
to 24th November, 1951.]
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 (Special
Financial Assistance) Act (No. 2) 1951.
Commencement.
2.This Act shall come into operation on the day on which
it receives the Royal Assent.
Financial
assistance to States.
3.There is payable to each State, during the year which
commenced on the first day of July, One thousand nine hundred and fifty-one,
for the purpose of financial assistance, an amount calculated in accordance
with the next succeeding section.
Amount
of financial assistance payable.
4.The amount payable to each State under this Act is the
amount by which the amount calculated in respect of that State under sections
six and seven of the States Grants (Tax Reimbursement) Act 1946-1948 in respect of the year, which commenced on the first
day of July, One thousand nine hundred and fifty-one, is less than the amount
shown in the following table opposite the name of that State:—
£ |
New South Wales...........................................................................
| 47,900,000 |
Victoria..........................................................................................
| 29,500,000 |
Queensland....................................................................................
| 19,000,000 |
South Australia...............................................................................
| 10,200,000 |
Western Australia...........................................................................
| 9,400,000 |
Tasmania.......................................................................................
| 4,000,000 |
120,000,000 |
Appropriation.
5.