NATIONAL DEBT SINKING FUND.

 

No. 52 of 1934.

An Act to amend the National Debt Sinking Fund Act 1923-1930.

[Assented to 14th December, 1934].

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

Short title and citation.

1.—(1.) This Act may be cited as the National Debt Sinking Fund Act 1934.

(2.) The National Debt Sinking Fund Act 1923-1930 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the National Debt Sinking Fund Act 1923-1934.


Calculation to be made by the Treasurer to be Fund.

2.—(1.) Section nine aa of the Principal Act is amended—

(a) by omitting from paragraph (f) of sub-section (1.) the words “on and after” and inserting in their stead the words “during the period commencing on”;

(b) by omitting from that paragraph the words “up to” and inserting in their stead the words “ending on”; and

(c) by omitting from that paragraph the words “in that financial year” and inserting in their stead the words “during that period”.

(2.) This section shall be deemed to have commenced on the date of commencement of the National Debt Sinking Fund Act 1930.