Federal Register of Legislation - Australian Government

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Act No. 49 of 1989 as made
An Act to grant financial assistance to the Northern Territory, and for related purposes
Administered by: Treasury
Date of Assent 08 Jun 1989
Date of repeal 16 Sep 2011
Repealed by Statute Stocktake Act (No. 1) 2011

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Northern Territory Grant (Electricity) Act 1989

No. 49 of 1989

 

An Act to grant financial assistance to the Northern Territory, and for related purposes

[Assented to 8 June 1989]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

Short title

1. This Act may be cited as the Northern Territory Grant (Electricity) Act 1989.

Commencement

2. This Act commences on the day on which it receives the Royal Assent.

Interpretation

3. In this Act:

“the 1989-90 year” means the year beginning on 1 July 1989.

Grant to Northern Territory

4. (1) The Treasurer may make payments to the Northern Territory for the purpose of financial assistance in connection with expenditure during the 1989-90 year on the generation and distribution of electricity within the Territory.


(2) The total of payments made under subsection (1) shall not exceed $40,000,000.

(3) Payments for the purposes of this section:

(a) may be made at any time after the commencement of this Act; and

(b) shall be made in such amounts and at such times as the Treasurer approves.

Statement by Northern Territory in respect of expenditure of grant

5. (1) The Northern Territory shall give the Treasurer a written statement about the expenditure of amounts paid to the Territory under this Act.

(2) The statement shall be given to the Treasurer on or before 30 June 1990.

(3) The statement shall be:

(a) according to a form approved by the Treasurer; and

(b) certified to be correct by a person appointed for the purpose by the Chief Minister of the Northern Territory.

Source of payments

6. A payment to the Northern Territory under this Act may be made out of the Consolidated Revenue Fund.

Appropriation

7. The Consolidated Revenue Fund is appropriated as necessary for the purposes of this Act.

Delegation

8. (1) The Treasurer may, by a signed document, delegate all or any of the Treasurer’s powers under section 4.

(2) A power may only be delegated to a person occupying, or performing the duties of, an office in the Department of the Treasury.

(3) In the exercise of a delegated power, a delegate is subject to the Treasurer’s directions.

 

[Minister’s second reading speech made in—

House of Representatives on 23 May 1989

Senate on 25 May 1989]