Federal Register of Legislation - Australian Government

Primary content

A Bill for an Act to amend the Federal Financial Relations Act 2009 and the Local Government (Financial Assistance) Act 2005, and for related purposes
Administered by: Infrastructure and Transport
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Registered 13 May 2009
Introduced HR 12 May 2009

2008‑2009

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Financial Assistance Legislation Amendment Bill 2009

 

No.      , 2009

 

(Infrastructure, Transport, Regional Development and Local Government)

 

 

 

A Bill for an Act to amend the Federal Financial Relations Act 2009 and the Local Government (Financial Assistance) Act 1995, and for related purposes

  

  


Contents

1............ Short title............................................................................................ 1

2............ Commencement.................................................................................. 1

3............ Schedule(s).......................................................................................... 2

Schedule 1—Amendments                                                                                                 3

Federal Financial Relations Act 2009                                                                    3

Local Government (Financial Assistance) Act 1995                                            3

 


A Bill for an Act to amend the Federal Financial Relations Act 2009 and the Local Government (Financial Assistance) Act 1995, and for related purposes

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Financial Assistance Legislation Amendment Act 2009.

2  Commencement

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

3  Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.


 

Schedule 1Amendments

  

Federal Financial Relations Act 2009

1  Paragraph 9(3)(a)

Omit “$500,000,000”, substitute “$1,250,000,000”.

Local Government (Financial Assistance) Act 1995

2  After subsection 10(6)

Insert:

          (6A)  Despite subsection (6), if the Minister considers that it is appropriate, the Minister may decide that an amount payable to a State under subsection (4) is to be paid at such times, and in such instalments, as the Minister decides. The Minister cannot decide that an amount is to be paid later than it would be paid under subsection (6).

Example:    The Minister may decide that an amount payable to a State in respect of a year be paid in one payment during that year.

          (6B)  If the Minister makes a decision under subsection (6A) in relation to a State, the Minister must, as soon as practicable, notify the Treasurer of the State in writing of the decision.

3  After subsection 13(4)

Insert:

          (4A)  Despite subsection (4), if the Minister considers that it is appropriate, the Minister may decide that an amount payable to a State under subsection (2) is to be paid at such times, and in such instalments, as the Minister decides. The Minister cannot decide that an amount is to be paid later than it would be paid under subsection (4).

Example:    The Minister may decide that an amount payable to a State in respect of a year be paid in one payment during that year.

          (4B)  If the Minister makes a decision under subsection (4A) in relation to a State, the Minister must, as soon as practicable, notify the Treasurer of the State in writing of the decision.