APPROPRIATION (URBAN PUBLIC
TRANSPORT) ACT 1974
No. 158 of 1974
An Act to appropriate Moneys out of the Consolidated Revenue Fund for the purpose of Urban Public Transport.
BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—
Short title.
1. This Act may be cited as the Appropriation (Urban Public Transport) Act 1974.
Commencement.
2. This Act shall come into operation on the day on which it receives the Royal Assent.
Definition.
3. In this Act “the agreement” means the agreement referred to in section 3 of the States Grants (Urban Public Transport) Act 1974.
Appropriation.
4. For the purposes of the agreement, there may be paid out of the Consolidated Revenue Fund, which is hereby appropriated accordingly, the sum of $66,110,000 in addition to the sum appropriated by sub-section 4(2) of the States Grants (Urban Public Transport) Act 1974.
Overview
The Appropriation (Urban Public Transport) Act 1974 was enacted to address the need for additional funding to support urban public transport infrastructure and services in Australia. This legislation was introduced to provide an appropriation of $66,110,000 out of the Consolidated Revenue Fund, supplementing the funds already allocated under the States Grants (Urban Public Transport) Act 1974. Enacted by the Queen, the Senate, and the House of Representatives of Australia, the Act aims to ensure that adequate financial resources are available to support the development and maintenance of urban public transport systems, thereby enhancing accessibility and efficiency for urban populations. This appropriation was specifically designed to address funding gaps identified in urban transport initiatives at the time.
Scope and Application
The Appropriation (Urban Public Transport) Act 1974 provides the legislative framework for the allocation of funds from the Consolidated Revenue Fund towards urban public transport initiatives in Australia. This Act applies specifically to the appropriation of a designated sum of money intended to supplement the funds already allocated under the States Grants (Urban Public Transport) Act 1974. The Act's geographic and jurisdictional reach is national, as it concerns the allocation of federal funds for public transport infrastructure and services across the country. The Act does not explicitly state exclusions, exemptions, or thresholds beyond the appropriation of the specified amount. The application of the Act may be further defined or extended through subordinate instruments or related legislation, although the primary focus remains on ensuring financial support for urban public transport projects.
Key Provisions
The main operative sections of the Appropriation (Urban Public Transport) Act 1974 outline the appropriation of funds for urban public transport. Specifically, Section 4 of the Act appropriates the sum of $66,110,000 from the Consolidated Revenue Fund to be used in accordance with the agreement mentioned in the States Grants (Urban Public Transport) Act 1974. This appropriation is in addition to any other sums already allocated under Section 4(2) of the same Act, ensuring that the necessary funding is in place for urban public transport initiatives.
The Act imposes certain obligations on the entities it governs. It mandates that the funds appropriated under this Act are to be used strictly for the purposes outlined in the agreement referred to in Section 3 of the States Grants (Urban Public Transport) Act 1974. This ensures that the allocated funds are directed towards urban public transport and not diverted to other purposes. The Act also necessitates that any expenditure made under this appropriation adheres to the financial controls and reporting requirements stipulated by relevant financial legislation.
Failure to comply with the requirements of the Act can lead to various consequences. While the Act itself does not explicitly detail offences or penalties, breaches of appropriation laws or misuse of funds can result in legal actions under broader financial management and appropriation Acts. Such breaches can lead to civil or criminal liability, including potential fines and imprisonment, as outlined in other relevant financial legislation. The exact penalties would depend on the nature and severity of the breach, but they can be substantial, reflecting the seriousness of financial mismanagement and misappropriation of public funds.