TASMANIA GRANT.
No. 22 of
1913.
An
Act to grant and apply out of the Consolidated Revenue Fund the sum of Four
hundred thousand pounds for the purposes of further Financial Assistance to the
State of Tasmania.
[Assented to 19th December, 1913.]
Preamble.
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 Tasmania
Grant Act 1913.
Appropriation of £400,000 for
further financial assistance to Tasmania.
2. Subject
to this Act, there shall be payable out of the Consolidated Revenue Fund, which
is hereby appropriated accordingly, for the purposes of further financial
assistance to the State of Tasmania, the sum of Four hundred thousand pounds.
Payments
to extend over period of nine years.
3.—(1.) Payments of the said sum of Four hundred thousand pounds shall
extend over a period of nine years according to the scale in the Schedule so
that in each financial year mentioned in the first column of the Schedule there
shall be paid the sum set opposite to that financial year in the second column
of the Schedule.
(2.) The amount payable in any year shall be paid
in equal monthly instalments.
THE
SCHEDULE.
Financial Year. | Amount Payable. |
£ |
1913-14.................................................................
| 5,000 |
1914-15.................................................................
| 15,000 |
1915-16.................................................................
| 25,000 |
1916-17.................................................................
| 35,000 |
1917-18.................................................................
| 45,000 |
1918-19.................................................................
| 55,000 |
1919-20.................................................................
| 65,000 |
1920-21.................................................................
| 75,000 |
1921-22.................................................................
| 80,000 |