Tasmania Grant

No. 91 of 1969

An Act to grant Financial Assistance to the State of Tasmania.

[Assented to 27 September 1969]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1.    This Act may be cited as the Tasmania Grant Act 1969.

Commencement.

2.    This Act shall come into operation on the day on which it receives the Royal Assent.

Payment of financial assistance to Tasmania.

3.—(1.)     Subject to this section, there is payable to the State of Tasmania, during the year that commenced on the first day of July, One thousand nine hundred and sixty-nine, for the purpose of financial assistance, the sum of Twenty-one million nine hundred thousand dollars.

(2.)    The amount payable under the last preceding sub-section shall be reduced by the sum of any amounts paid to the State of Tasmania under section 4 of the States Grants (Special Assistance) Act 1968.

Advances for year 1970–71.

4.    The Treasurer may, during the period of six months commencing on the first day of July, One thousand nine hundred and seventy, make advances to the State of Tasmania, for the purpose of financial assistance, of amounts not exceeding in the whole a sum equal to one-half of the amount payable under sub-section (1.) of the last preceding section.

Appropriation.

5.    Payments in accordance with this Act shall be made out of the Consolidated Revenue Fund, which is appropriated accordingly.