STATES GRANTS (SPECIAL FINANCIAL ASSISTANCE).
No. 10 of 1951.
An Act to grant and apply out of the Consolidated Revenue Fund sums for the purposes of Financial Assistance to the States.
[Assented to 29th June, 1951.]
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.
- This Act may be cited as the States Grants (Special Financial Assistance) Act 1951.
Commencement.
2. This Act shall come into operation on the day on which it receives the Royal Assent.
Payment of financial assistance to States.
3. There shall be payable to the States, during the year which commenced on the first day of July, One thousand nine hundred and fifty, for the purposes of financial assistance, the sum of Fifteen million pounds.
Allocation of grant.
4. The amount payable to each State under this Act is the amount shown in the following table opposite the name of that State:—
| £ |
New South Wales............... | 6,250,000 |
Victoria..................... | 4,750,000 |
Queensland................... | 2,000,000 |
South Australia................ | 800,000 |
Western Australia............... | 1,000,000 |
Tasmania.................... | 200,000 |
| 15,000,000 |
Appropriation.
5. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is hereby appropriated accordingly.