INVALID AND OLD-AGE PENSIONS APPROPRIATION.
No. 11 of 1916.
An Act to grant and apply out of the Consolidated Revenue Fund a sum for Invalid and Old-age Pensions.
[Assented to 30th May, 1916.]
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 Invalid and Old-age Pensions Appropriation Act 1916.
Appropriation of £3,500,000 for invalid and old-age pensions.
2. There shall be payable out of the Consolidated Revenue Fund, which is hereby appropriated accordingly, for the purposes of the Trust Account established under the Audit Act 1901-1912, and known as the Invalid and Old-age Pensions Fund, the sum of Three million five hundred thousand pounds for invalid and old-age pensions.
Overview
The Invalid and Old-age Pensions Appropriation Act 1916 was enacted to provide financial resources for the administration of pensions for individuals who were invalid or elderly, addressing the need for a structured financial support system for these vulnerable groups within Australia. This Act was assented to on 30 May 1916 and was passed by the King's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia. The primary objective of the Act was to allocate a sum of Three million five hundred thousand pounds from the Consolidated Revenue Fund for the Invalid and Old-age Pensions Fund, established under the Audit Act 1901-1912, to ensure the provision of financial assistance to those in need. This legislative action aimed to formalise and support the allocation of necessary funds for the specified pensions, reflecting the government's commitment to social welfare during that period.
Scope and Application
The Invalid and Old-age Pensions Appropriation Act 1916 is a Commonwealth Act that allocates a specific sum of money for the payment of invalid and old-age pensions. The Act provides for the appropriation of £3,500,000 from the Consolidated Revenue Fund to the Trust Account established under the Audit Act 1901-1912, known as the Invalid and Old-age Pensions Fund. This fund is designated for the distribution of pensions to eligible individuals. The Act applies to the Commonwealth of Australia and is intended to provide financial support to those who are unable to work due to disability or who have reached old age. While the Act does not specify who directly qualifies for these pensions, it is implied that the benefits are intended for Australian citizens or residents meeting the eligibility criteria as set forth in related legislation. The geographic scope is national, extending across the entire Commonwealth of Australia. There are no stated exclusions or exemptions within the text of this particular Act, although eligibility for the pensions may be determined by other related legislation.
Key Provisions
The Invalid and Old-age Pensions Appropriation Act 1916, as indicated by section 1, is the primary piece of legislation in question, with the main sections being section 2. Section 2 of the Act (section 2) specifies that the sum of Three million five hundred thousand pounds shall be allocated from the Consolidated Revenue Fund for the purposes of the Invalid and Old-age Pensions Fund, as established under the Audit Act 1901-1912. This allocation is to be used for invalid and old-age pensions.
The Act imposes specific obligations on the parties or entities it governs. According to section 2, the allocation of the specified sum is to be made out of the Consolidated Revenue Fund, which is then to be used for the Invalid and Old-age Pensions Fund. This fund is intended to support individuals who are unable to work due to invalidity or those who have reached old age, thereby ensuring that they receive necessary financial support.
Under the Invalid and Old-age Pensions Appropriation Act 1916, there are potential consequences for non-compliance with the provisions of the Act. Although specific offences, penalties, or consequences for breach are not detailed within the Act, it is reasonable to infer that any misuse or misappropriation of the allocated funds could lead to serious legal ramifications. Given the context of the Act and the nature of public funds, breaches could potentially be subject to civil or criminal penalties, as is common with acts governing public appropriations. However, the exact nature and extent of these penalties are not specified in the provided text.