States Grants (No. 2)

No. 90 of 1972

An Act relating to the Grant of Financial Assistance to the States.

[Assented to 18 October 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 and citation.

1.—(1.) This Act may be cited as the States Grants Act (No. 2) 1972.

(2.) The States Grants Act (No. 2) 1971, as amended by the States Grants Act 1972, is in this Act referred to as the Principal Act.

(3.) Section 1 of the States Grants Act 1972 is amended by omitting sub-section (3.).

(4.) The Principal Act, as amended by this Act, may be cited as the States Grants Act 1971–1972.

Commencement.

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

Grants to States.

3. Section 7 of the Principal Act is amended by adding at the end thereof the following sub-sections:—

“(6.) The amount payable to a State under the preceding provisions of this section during the year that commenced on the first day of July, One thousand nine hundred and seventy-two, is increased by an amount that bears to One hundred and twelve million dollars the same proportion as the amount determined in accordance with the next succeeding sub-section in relation to that State bears to the sum of the amounts so determined in relation to each of the States.

“(7.) The amount to be determined under this sub-section in relation to a State is the amount that would be the amount payable to that State in accordance with this section if all the sub-sections of this section after sub-section (2.) had not been enacted.

“(8.) The amounts respectively payable to the State of New South Wales and the State of Victoria under the preceding provisions of this section during the year that commenced on the first day of July, One thousand nine hundred and seventy-two, are increased by an amount ascertained by multiplying Three dollars fifty cents by the number of persons included in the population of the State concerned on the thirty-first day of December in that year.”.

Additional grants to New South Wales and Victoria.

4. Section 8 of the Principal Act is repealed.

Additional grants to Western Australia.

5. Section 9 of the Principal Act is amended by omitting the figures “6,500,000” and inserting in their stead the figures “10,000,000”.