TASMANIA GRANT (FLOUR TAX).

No. 73 of 1935.

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

[Assented to 9th December, 1935.]

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 (Flour Tax) Act 1935.

Appropriation.

2.  There shall be payable out of the Consolidated Revenue Fund, which is hereby appropriated accordingly, the sums necessary to provide for the payments authorized to be made under this Act.

Grant to Tasmania.

3.—(1.)  There shall be granted to the State of Tasmania, by way of financial assistance, the sum of Four thousand three hundred pounds in each month of the period, commencing on the seventh day of January One thousand nine hundred and thirty-six, during which a tax is imposed upon flour by the Flour Tax Act (No. 1) 1934–1935 or the Flour Tax Act (No. 3) 1934–1935.

(3.)  Where tax is imposed by either of the Acts mentioned in sub-section (1.) of this section during portion only of any month included in the period specified in sub-section (1.) of this section, the sum to be granted in that month in pursuance of this section shall be a sum which bears, to the sum of Four thousand three hundred pounds, the same proportion as the portion of the month bears to the whole month.

Payments under section 9 of the Wheat Growers Relief Act 1934–1935 to cease.

4.  No payment by way of financial assistance to the State of Tasmania shall be made under section nine of the Wheat Growers Relief Act 1934–1935 in respect of any period in respect of which a grant of financial assistance is payable under this Act.