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LOCAL GOVERNMENT (FINANCIAL ASSISTANCE) ACT 1995 - SECT 9 State entitlements for local government purposes

LOCAL GOVERNMENT (FINANCIAL ASSISTANCE) ACT 1995 - SECT 9

State entitlements for local government purposes

  (1)   Subject to this section and to section   11, each State is entitled to the payment, in respect of a year (the current year ), by way of financial assistance for local government purposes, of a general grant, being:

  (a)   if the current year is the year beginning on 1   July 1995, the amount worked out using the formula:

 

  (b)   if the current year is a later year, the amount worked out using the formula:

 

    where:

    Relevant estimated factor means the estimated factor for the current year.

    Projected population of the State means the population of the State on 31   December in the year immediately before the current year as set out in a preliminary estimate of that population on that date made by the Statistician according to assumptions specified by the Minister in writing for the purpose, after consulting the Statistician.

    Projected population of Australia means the total population of all the States on 31   December in the year immediately before the current year as set out in a preliminary estimate of that population on that date made by the Statistician according to assumptions specified by the Minister in writing for the purpose, after consulting the Statistician.

    Estimated previous year base figure means the amount estimated under subsection   7(2) in relation to the year immediately before the current year.

Note:   For estimated initial amount and estimated factor see subsection   4(2).

  (2)   A State is not entitled to a payment under this section in respect of a year unless:

  (a)   if the year is the year beginning on 1   July 1995--an estimate under subsection   7(1) has been made in relation to that year; and

  (b)   if the year is a later year--an estimate under subsection   7(2) has been made in relation to the immediately preceding year; and

  (c)   in any case--an estimate under subsection   7(3) has been made in relation to the year.

  (3)   A State is not entitled to a payment under this section in respect of a year until 15   August in the year.

  (4)   So far as practicable, the amount to which a State is entitled under this section in respect of a year must be paid in equal quarterly instalments.