FINANCIAL RELIEF (No. 3).

 

No. 73 of 1936.

An Act to amend the Financial Relief Act (No. 2) 1936 in relation to Adjustments of salaries, wages, pay and allowances by reason of Variations in the Cost of Living.

[Assented to 7th December, 1936.]

BE it enacted by the Kings 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 Financial Relief Act (No. 3) 1936.

(2.) The Financial Relief Act (No. 2) 1936, as amended by this Act, may be cited as the Financial Relief Acts 1936.

2. After section sixteen of the Financial Relief Act (No. 2) 1936 the following section is inserted:

Cost of living adjustments.

16a. Any variation of any salary, wages, pay or allowance which would, but for the operation of the Principal Act, have been made under or in pursuance of any regulation, contract or agreement, or of any award, determination, order or decision of any authority, during the financial year commencing on the first day of July, One thousand nine hundred and thirty-six, by reason of a variation in the cost of living, as disclosed by index-numbers published by the Commonwealth Statistician, shall be made as from the commencement of the period in respect of which the first periodical payment is made after the commencement of this Part and up to the end of that financial year..

Commencement of variation of salaries, &c

3. Section seventeen of the Financial Relief Act (No. 2) 1936 is amended by omitting from sub-section (3.) the word “section” and inserting in its stead the word “Part”.