2008-2009 The Parliament of the Commonwealth of Australia HOUSE OF REPRESENTATIVES Presented and read a first time Financial Assistance Legislation Amendment Bill 2009 No. , 2009 (Infrastructure, Transport, Regional Development and Local Government) A Bill for an Act to amend the Federal Financial Relations Act 2009 and the Local Government (Financial Assistance) Act 1995, and for related purposes [Page Break] 1 Short title ............................................................................................ 1 2 Commencement .................................................................................. 1 3 Schedule(s) ......................................................................................... 2 Schedule 1--Amendme nts 3 Federal Financial Relations Act 2009 3 Local Government (Financial Assistance) Act 1995 3 i Financial Assistance Legislation Amendment Bill 2009 No. , 2009 [Page Break] 2 Relations Act 2009 and the Local Government 3 (Financial Assistance) Act 1995, and for related 4 purposes 5 The Parliament of Australia enacts: 6 1 Short title 7 This Act may be cited as the Financial Assistance Legislation 8 Amendment Act 2009. 9 2 Commence ment 10 This Act commences on the day on which it receives the Royal 11 Assent. Financial Assistance Legislation Amendment Bill 2009 No. , 2009 1 [Page Break] 2 Each Act that is specified in a Schedule to this Act is amended or 3 repealed as set out in the applicable items in the Schedule 4 concerned, and any other item in a Schedule to this Act has effect 5 according to its terms. 6 2 Financial Assistance Legislation Amendment Bill 2009 No. , 2009 [Page Break] 1 2 Schedule 1--Amendments 3 4 Federal Financial Relations Act 2009 5 1 Paragraph 9(3)(a) 6 Omit "$500,000,000", substitute "$1,250,000,000". 7 Local Government (Financial Assistance) Act 1995 8 2 After subsection 10(6) 9 Insert: 10 (6A) Despite subsection (6), if the Minister considers that it is 11 appropriate, the Minister may decide that an amount payable to a 12 State under subsection (4) is to be paid at such times, and in such 13 instalments, as the Minister decides. The Minister cannot decide 14 that an amount is to be paid later than it would be paid under 15 subsection (6). 16 Example: The M inister may decide that an amount payable to a State in resp ect 17 of a year be paid in one payment during that year. 18 (6B) If the Minister makes a decision under subsection (6A) in relation 19 to a State, the Minister must, as soon as practicable, notify the 20 Treasurer of the State in writing of the decision. 21 3 After subsection 13(4) 22 Insert: 23 (4A) Despite subsection (4), if the Minister considers that it is 24 appropriate, the Minister may decide that an amount payable to a 25 State under subsection (2) is to be paid at such times, and in such 26 instalments, as the Minister decides. The Minister cannot decide 27 that an amount is to be paid later than it would be paid under 28 subsection (4). 29 Example: The M inister may decide that an amount payable to a State in respect 30 of a year be paid in one payment during that year. Financial Assistance Legislation Amendment Bill 2009 No. , 2009 3 [Page Break] 1 (4B) If the Minister makes a decision under subsection (4A) in relation 2 to a State, the Minister must, as soon as practicable, notify the 3 Treasurer of the State in writing of the decision. 4 Financial Assistance Legislation Amendment Bill 2009 No. , 2009