Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Financial Assistance Legislation Amendment Bill 2009

Schedule 1 Amendments

   

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.