WESTERN AUSTRALIA GRANT.
No. 20 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 Western 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 Western Australia Grant Act 1931.
Payment for financial assistance to Western Australia.
2. Subject to this Act, there shall be payable, for the purposes of financial assistance to the State of Western Australia during the year commencing on the first day of July One thousand nine hundred and thirty-one, the sum of Three hundred 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 Western Australia Grant Act 1931 was enacted by the Parliament of Australia to provide financial assistance to the State of Western Australia during a period of economic hardship. This Act aimed to address the financial difficulties faced by the state by appropriating a sum of three hundred thousand pounds from the Consolidated Revenue Fund for payment in equal monthly instalments. The policy objective, as stated in the preamble, was to support the state's financial stability and address the economic challenges of the time. The Act represents a significant legislative effort to provide federal support to one of its states, reflecting the national commitment to economic stability and support during challenging periods.
Scope and Application
The Western Australia Grant Act 1931 is a legislative enactment that facilitates the provision of financial assistance to the State of Western Australia from the Commonwealth of Australia. This Act applies specifically to the appropriation and disbursement of funds from the Consolidated Revenue Fund for the financial benefit of Western Australia. It is pertinent to note that the Act applies to the Commonwealth of Australia and the State of Western Australia, with the financial assistance being directed towards the latter. The Act specifies that the financial assistance is to be paid in equal monthly instalments, beginning from the first day of July 1931, and is to be provided for the duration of the financial year starting on that date. The Act does not specify exclusions, exemptions, or thresholds, nor does it extend its application through subordinate instruments. The geographic and jurisdictional reach of this Act is confined to the Commonwealth and the State of Western Australia, encompassing the financial assistance outlined within its provisions.
Key Provisions
The Western Australia Grant Act 1931 (sections 1-4) outlines the process for providing financial assistance to the State of Western Australia. This Act specifies the amount of the grant, the method of payment, and the appropriation of funds. Specifically, section 2 details the grant of Three hundred thousand pounds for financial assistance to Western Australia, which is to be provided during the year starting on July 1, 1931. The payment of this sum is to be made in equal monthly instalments, as stipulated in section 3. The funds for this payment are to be drawn from the Consolidated Revenue Fund, which is appropriated for this purpose under section 4.
In terms of obligations and requirements, the Act imposes a clear directive on the payment of the grant. The government must ensure that the specified sum of Three hundred thousand pounds is disbursed in monthly instalments to the State of Western Australia. This involves meticulous budgeting and financial management to ensure that the payments are made as per the prescribed schedule. Additionally, the appropriation of funds from the Consolidated Revenue Fund ensures that the necessary resources are allocated specifically for this grant, highlighting the legislative intent to support Western Australia financially.
The Act does not explicitly detail specific offences, penalties, or consequences for non-compliance within its provisions. However, the failure to adhere to the payment schedule or misappropriate funds from the Consolidated Revenue Fund could potentially lead to legal and financial repercussions. While the Act itself does not outline these consequences, breaches of financial regulations and legislative mandates can attract penalties under broader legal frameworks, such as the Crimes Act 1900 (Cth) or other relevant financial legislation. These could include fines or legal action for mismanagement of public funds, though the specific penalties would depend on the nature and severity of the breach.