Queensland Grant

No. 29 of 1972

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

[Assented to 22 May 1972]

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 Queensland Grant Act 1972.

Commencement.

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

Payment of financial assistance to Queensland.

3.  There is payable to the State of Queensland during the year that commenced on the first day of July, One thousand nine hundred and seventy-one, for the purpose of financial assistance, the sum of Nine million dollars.

Advances for year 1972-73.

4.  The Treasurer may, during the period of six months commencing on the first day of July, One thousand nine hundred and seventy-two, make payments to the State of Queensland, for the purpose of financial assistance, of amounts not exceeding in the whole the sum of Four million five hundred thousand dollars.

Appropriation.

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