APPROPRIATION (No. 2) 1942–43.
No. 23 of 1943.
An Act to grant and apply an additional sum out of the Consolidated Revenue Fund for the service of the year ending the thirtieth day of June, One thousand nine hundred and forty-three and to appropriate such sum.
[Assented to 29th June, 1943.]
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 Appropriation Act (No. 2) 1942–43.
Commencement.
2. This Act shall come into operation on the day on which it receives the Royal Assent.
Issue and application of £20,000,000.
3. The Treasurer may issue out of the Consolidated Revenue Fund and apply towards making good the supply hereby granted to His Majesty for the service of the year ending the thirtieth day of June, One thousand nine hundred and forty-three, the sum of Twenty million pounds.
Appropriation.
4. The said sum granted by this Act is appropriated, and shall be deemed to have been appropriated as from the first day of July, One thousand nine hundred and forty-two, for the purposes and services set forth in the Schedule to this Act in relation to the financial year ending the thirtieth day of June, One thousand nine hundred and forty-three.
THE SCHEDULE. Section 4.
PART I.—DEPARTMENTS AND SERVICES—OTHER THAN BUSINESS UNDERTAKINGS AND TERRITORIES OF THE COMMONWEALTH.
VII.—DEFENCE AND WAR (1939–42) SERVICES—
| £ |
To be allocated to particular services by Supplementary Appropriation...... | 119,500,000 |
Under Control of Department of the Treasury and Department of Trade and Customs. | |
Division No. 133a.—Price Stabilization Subsidies | 500,000 |
| 120,000,000 |
Lees amount chargeable to Loan Fund................. | 100,000,000 |
| 20,000,000 |
Overview
The Appropriation Act (No. 2) 1942–43, enacted in 1943, was introduced to address the urgent financial needs arising from the Second World War. This Act was passed by the Australian Parliament, specifically the King's Most Excellent Majesty, the Senate, and the House of Representatives, to provide additional funds to support the war effort. The policy objective of this legislation was to allocate an additional sum of £20,000,000 from the Consolidated Revenue Fund to cover the expenses for the financial year ending June 30, 1943, as part of the government's broader commitment to sustaining national defence and other essential services during the war. The Act authorised the Treasurer to issue and apply this additional sum towards making good the supply granted to His Majesty, ensuring that the necessary resources were available to meet the demands of the ongoing conflict.
Scope and Application
The Appropriation Act (No. 2) 1942–43 applies to the Commonwealth of Australia and concerns the appropriation of funds within the Consolidated Revenue Fund for the financial year ending 30 June 1943. This Act enables the Treasurer to issue and apply £20,000,000 from the Consolidated Revenue Fund to cover the supply granted to His Majesty for the specified financial year. The Act does not explicitly state the persons, entities, or specific industries to which it applies, but it does detail the allocation of funds towards various departments and services, including defence and war services from 1939 to 1942, as well as price stabilization subsidies. The geographic reach of this Act is confined to the Commonwealth of Australia, and while it does not detail specific exclusions or exemptions, it operates within the broader framework of federal financial administration. The Act also notes that the funds are to be allocated to particular services by Supplementary Appropriation, indicating that the scope of its application may be extended or modified through subordinate instruments.
Key Provisions
The main sections of the Appropriation Act (No. 2) 1942–43 (sections 1 to 4) establish the legislative framework for the appropriation of funds from the Consolidated Revenue Fund for the financial year ending 30 June 1943. Section 1 provides the short title of the Act, while Section 2 stipulates that the Act comes into operation on the day it receives Royal Assent. Section 3 authorises the Treasurer to issue up to £20 million from the Consolidated Revenue Fund to cover the supply granted to His Majesty for the specified financial year. Section 4 confirms that the granted sum is appropriated for the purposes outlined in the Schedule to the Act, deemed to have been appropriated from 1 July 1942.
The Act imposes several obligations on the relevant parties. The Treasurer, under Section 3, has the authority to issue the specified sum from the Consolidated Revenue Fund. This issuance and application must be in line with the appropriation set forth in the Schedule. The appropriation itself, as detailed in Section 4, must be used for the purposes and services listed in the Schedule, specifically for the financial year ending 30 June 1943. The funds are to be allocated under the control of the Department of the Treasury and the Department of Trade and Customs, ensuring compliance with the detailed budget allocations outlined in the Act.
The Act does not explicitly outline specific offences, penalties, or consequences for breach within its provisions. However, the misappropriation or unauthorised use of funds appropriated under this Act could potentially lead to legal consequences under other relevant legislation governing public finance and appropriations in Australia. The penalties for such breaches could include fines, imprisonment, or other civil and criminal sanctions, depending on the severity and nature of the breach as interpreted under the broader legal framework governing public financial management.