States Grants (General Purposes) Amendment Act 1995

No. 123 of 1995

CONTENTS

Section

1. Short title

2. Commencement

3. Schedule

SCHEDULE

AMENDMENTS OF THE STATES GRANTS (GENERAL PURPOSES) ACT 1994

States Grants (General Purposes) Amendment Act 1995

No. 123 of 1995

An Act to amend the States Grants (General Purposes) Act 1994, and for related purposes

[Assented to 2 November 1995]

The Parliament of Australia enacts:

Short title

1. This Act may be cited as the States Grants (General Purposes) Amendment Act 1995.

Commencement

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

Schedule

3. The States Grants (General Purposes) Act 1994 is amended in accordance with the applicable items in the Schedule, and the other item in the Schedule has effect according to its terms.

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SCHEDULE  Section 3

AMENDMENTS OF THE STATES GRANTS (GENERAL PURPOSES) ACT 1994

1. Section 3:

Repeal the section, substitute:

Application of Act to a grant year

“3. (1) This Act has effect in relation to a grant year commencing on a 1 July as if references in this Act to the applicable Schedule were references to the Schedule that is expressed to relate to the year commencing on that 1 July.

“(2) The provisions set out in a Schedule apply in relation to the grant year to which the Schedule relates.”.

2. Section 10:

Repeal the section, substitute:

Arterial road grants

“10.(1) Subject to this Act, each State is to be paid, by way of financial assistance, in relation to the grant year commencing on 1 July 1994, an amount set out in Schedule 1.

“(2) Subject to this Act, each State is to be paid, by way of financial assistance, in relation to a grant year, other than the grant year commencing on 1 July 1994, an amount worked out in accordance with the applicable Schedule.”.

3. Section 12:

Repeal the section, substitute:

Special revenue assistance grants

“12.(1) Subject to this Act, each State is to be paid, by way of financial assistance, in relation to the grant year, an amount worked out using the formula:

where:

base amount means the base amount set out in the applicable Schedule.

“(2) The application of the formula may result in a State not receiving any amount under this section in relation to the grant year.”.

4. Transitional

Amounts paid to a State by way of special revenue assistance grants under section 12 of the States Grants (General Purposes) Act 1994, as in force immediately before the day on which this Act receives the Royal

SCHEDULE—continued

Assent, in respect of the financial year commencing on 1 July 1994 are to be taken, on and after that day, to have been so paid under that Act, as amended by this Act.

5. Schedule 1 (heading):

Omit “1994-95”, substitute “commencing 1 July 1994”.

6. Clause 4 of Schedule 1:

Omit the clause, substitute:

Special revenue assistance grants

“4. For the purposes of section 12:

base amount means the amount set out opposite to the name of the State in the following table:

7. Schedule 1:

Add at the end:

“SCHEDULE2  Section 3

Grant year commencing 1 July 1995

Interpretation

“1. In this Schedule:

base assistance amount means $14,076,153,668.

grant year means the financial year that commenced on 1 July 1995.

previous year means the financial year that commenced on 1 July 1994.

SCHEDULE—continued

Relativities factors

“2. The relativities factors for the States are as shown in the following table:

Arterial road grants

“3. The amounts of arterial road grants payable to the States under subsection 10(2) are to be worked out using the formula:

where:

BA (base amount) means $350,000,000.

IF (index factor) means the index factor for the grant year.

PF (population factor) means the population factor for the grant year.

ASP (adjusted state population) means the adjusted population of the State.

ATP (adjusted total population) means the sum of the adjusted populations of all the States.

HS (historic share) means the number set out opposite to the name of the State in the following table:

SCHEDULE—continued

Special revenue assistance grants

“4. For the purposes of section 12:

base amount means the amount set out opposite to the name of the State in the following table:

[Minister’s second reading speech made in—

House of Representatives on 23 August 1995 Senate on 24 August 1995]