SOUTH AUSTRALIA GRANT.
No. 19 of 1931.
An Act to grant and apply out of the Consolidated Revenue Fund a sum for the purposes of Financial Assistance to the State of South Australia.
[Assented to 7th August, 1931.]
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 South Australia Grant Act 1931.
Payment for financial assistance to South Australia.
2. Subject to this Act, there shall be payable, for the purposes of financial assistance to the State of South Australia, during the year commencing on the first day of July One thousand nine hundred and thirty-one, in addition to the amount payable during that year under the South Australia Grant Act 1929, the sum of Six hundred and eighty thousand pounds.
Method of payment.
3. The amount payable under this Act shall be paid in equal monthly instalments.
Appropriation.
4. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund which is hereby appropriated accordingly.
Overview
The South Australia Grant Act 1931 was enacted to provide financial assistance to the State of South Australia during a period of economic difficulty. The Act was introduced to address the financial shortfall faced by South Australia, as evidenced by the need for an additional grant beyond what was already being provided under the South Australia Grant Act 1929. Enacted by the Commonwealth Parliament, this legislation sought to alleviate the fiscal strain on the state by appropriating funds from the Consolidated Revenue Fund. The policy objective was to support the state's financial stability and ensure the continuation of essential services and infrastructure development. The Act specifies that the additional sum of Six hundred and eighty thousand pounds would be paid in equal monthly instalments, thereby providing a steady financial support mechanism for the state.
Scope and Application
The South Australia Grant Act 1931 is an Australian Commonwealth Act that provides for the allocation of a specified sum from the Consolidated Revenue Fund to the State of South Australia for financial assistance. The Act applies to the State of South Australia and ensures that the additional sum of Six hundred and eighty thousand pounds is made available in addition to the amount payable under the South Australia Grant Act 1929. This assistance is intended to support South Australia's financial needs for the fiscal year beginning on the first day of July 1931. The payments under this Act are to be made in equal monthly instalments directly from the Consolidated Revenue Fund, which has been appropriated for this specific purpose. The Act’s jurisdiction is limited to the Commonwealth of Australia, and there are no exclusions, exemptions, or thresholds explicitly stated within the text of this particular Act. However, the application and interpretation of the Act might be further defined through subordinate instruments or regulations as necessary.
Key Provisions
The South Australia Grant Act 1931 (sections 1-4) is a piece of legislation enacted to provide financial assistance to the State of South Australia. It is a straightforward Act that outlines the appropriation of a specific sum from the Consolidated Revenue Fund for this purpose. The Act is primarily concerned with the payment of a grant of Six hundred and eighty thousand pounds (section 2) to South Australia for the year beginning on July 1, 1931, in addition to the amount already payable under the South Australia Grant Act 1929. This additional sum is to be disbursed in equal monthly instalments (section 3) and is sourced from the Consolidated Revenue Fund (section 4).
The Act imposes certain obligations on the Commonwealth of Australia, specifically requiring the payment of the stipulated grant to South Australia. The Commonwealth must ensure that the payments are made out of the Consolidated Revenue Fund, as specified in section 4 of the Act. The payments must be executed in equal monthly instalments, as outlined in section 3, to ensure a consistent flow of financial assistance over the designated period.
There are no explicit offences, penalties, or civil/criminal consequences mentioned in the Act for breach of its provisions. However, given the nature of the Act and the financial obligations it imposes, non-compliance with the payment requirements could potentially lead to legal challenges or financial repercussions from South Australia. The Act does not specify any maximum penalties for breaches, implying that any legal actions would be determined by the courts based on the specific circumstances of any non-compliance.