TASMANIA GRANT.

No. 23 of 1929.

An Act to grant and apply out of the Consolidated Revenue Fund a sum for the purposes of Financial Assistance to the State of Tasmania.

[Assented to 13th December, 1929.]

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 Tasmania Grant Art 1929.

Payment of £250,000 per annum for financial assistance to Tasmania.

2.  Subject to this Act, there shall be payable, for the purposes of financial assistance to the State of Tasmania, in each financial year

during a period of five years commencing on the first day of July, One thousand nine hundred and twenty-nine, the sum of Two hundred and fifty thousand pounds.

Period and method of payment.

3.  The amount payable under this Act in any year 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.