New South Wales Bills Explanatory Notes

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ROAD IMPROVEMENT (SPECIAL FUNDING) AMENDMENT BILL 1995

[Act 1995 No 15]
New South Wales
Road Improvement (Special Funding)

Amendment Bill 1995

Explanatory note

This explanatory note relates to this Bill as introduced into Parliament.

Overview of Bill

The object of this Bill is to amend the Road Improvement (Special Funding)
Act 1989 so as:

(a) to extend for a further 4 years (that is, from 31 August 1995 to 31
August 1999) the period for which the special levy for road funding
raised by that Act is payable, and
(b) to extend the purposes for which revenue gained from that special
levy may be used.


Road Improvement (Special Funding) Amendment Bill 1995 [Act 1995 No 15]
Explanatory note

Outline of provisions

Clause 1 sets out the name (also called the short title) of the proposed Act.

Clause 2 provides that the proposed Act will commence on the date of
assent.

Clause 3 is a formal provision that gives effect to the Schedule of
amendments to the Road Improvement (Special Funding) Act 1989.

Schedule 1

Amendments

Schedule 1 (1) amends section 4 (2G) of the Act so as to extend for a
further 4 years (that is, from 31 August 1995 to 31 August 1999) the period
for which the special levy for road funding raised by the Act is payable.

Schedule 1 (2) amends section 4 (3) of the Act, by way of law revision, as a
result of previous amendments that have inserted additional provisions into
section 4.

Schedule 1 (3)­(7) amend section 5 of the Act to extend the purposes for
which revenue gained from the special levy may be used to include road
related public transport infrastructure.

Schedule 1 (8) amends section 6 of the Act so as to add to the matters to
which regard should be had in deciding how that revenue is to be used.

Explanatory note page 2


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