STATES GRANTS.
No. 54 of 1943.
An Act to grant and apply out of the Consolidated Revenue Fund sums for the purposes of Financial Assistance to the States of South Australia, Western Australia and Tasmania, and to repeal the Tasmania Grant Act 1943.
[Assented to 19th October, 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 States Grants Act 1943.
Commencement.
2. This Act shall come into operation on the day on which it receives the Royal Assent.
Repeal of Tasmania Grant Act 1943.
3. The Tasmania Grant Act 1943 is repealed.
Payment for financial assistance to States.
4. There shall be payable to the States of South Australia, Western Australia and Tasmania, during the year which commenced on the first day of July, One thousand nine hundred and forty-three, for the purposes of financial assistance, the sum of Two million four hundred and seventy thousand pounds.
Allocation of grant.
5. The amount payable to each State under this Act shall be the amount shown in the following table opposite the name of that State:—
| £ |
South Australia........................... | 900,000 |
Western Australia.......................... | 850,000 |
Tasmania............................... | 720,000 |
| 2,470,000 |
Method of payment.
6. The amount payable to any State under this Act shall be paid to that State in equal monthly instalments.
Appropriation.
7. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is hereby appropriated accordingly.
Overview
The States Grants Act 1943 was enacted to provide financial assistance to the states of South Australia, Western Australia, and Tasmania, and to repeal the Tasmania Grant Act 1943. This Act was assented to on 19th October 1943 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 is to allocate specific sums to these states from the Consolidated Revenue Fund for the fiscal year beginning 1st July 1943. The Act mandates that the total amount of £2,470,000 be distributed among the three states in equal monthly instalments, with South Australia receiving £900,000, Western Australia £850,000, and Tasmania £720,000. The payments are to be made out of the Consolidated Revenue Fund, which is appropriated for this purpose.
Scope and Application
The States Grants Act 1943 serves to provide financial assistance to the States of South Australia, Western Australia, and Tasmania by allocating specific sums from the Consolidated Revenue Fund. This Act came into effect immediately upon receiving Royal Assent. The primary purpose of the Act is to repeal the Tasmania Grant Act 1943 and establish a new framework for financial support to the mentioned states. The Act allocates a total of £2,470,000 to be distributed in equal monthly instalments, with specific amounts designated for each state: £900,000 for South Australia, £850,000 for Western Australia, and £720,000 for Tasmania. The payments are to be made from the Consolidated Revenue Fund, ensuring the funds are appropriated as stipulated by the Act. The Act does not explicitly mention any exclusions, exemptions, or thresholds, and its primary focus remains on the distribution of the specified grants to the three states involved.
Key Provisions
The States Grants Act 1943 provides financial assistance to the states of South Australia, Western Australia, and Tasmania, and repeals the Tasmania Grant Act 1943 (sections 1, 3). Specifically, section 4 of the Act mandates the payment of a total sum of £2,470,000 to these states for the fiscal year commencing 1 July 1943. Section 5 outlines the allocation of this sum, detailing that South Australia will receive £900,000, Western Australia £850,000, and Tasmania £720,000. The method of payment is specified in section 6, which states that the amounts are to be disbursed in equal monthly instalments.
The Act imposes obligations on the Commonwealth to disburse the specified sums to the respective states in accordance with the stipulated terms and within the designated timeframe (sections 4, 5, 6). The appropriations for these payments are sourced from the Consolidated Revenue Fund, which is specified in section 7 of the Act.
There are no explicit provisions in the Act that outline offences, penalties, or consequences for non-compliance. However, the failure to adhere to the statutory requirements for the payment of grants may potentially lead to legal repercussions or administrative actions under other relevant laws or regulations. The Act itself does not detail specific penalties for breaches, thus any legal consequences would need to be pursued under applicable legislative frameworks beyond the scope of this Act.