STATES GRANTS.
No. 67 of 1953.
An Act to grant and apply out of the Consolidated Revenue Fund sums for the purpose of Financial Assistance to the States of South Australia, Western Australia and Tasmania.
[Assented to 28th October, 1953.]
BE it enacted by the Queen’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 1953.
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 is 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 fifty-three, for the purpose of financial assistance, the sum of Fifteen million four hundred thousand pounds.
Allocation of grant.
4. The amount payable to each State under this Act is the amount shown in the following table opposite to the name of that State:—
| | £ |
| South Australia................................................................................. | 6,100,000 |
| Western Australia............................................................................. | 7,800,000 |
| Tasmania.......................................................................................... | 1,500,000 |
| | 15,400,000 |
Appropriation.
5. Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is appropriated accordingly.