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LOCAL GOVERNMENT (FINANCIAL ASSISTANCE) AMENDMENT ACT 1992 No. 97, 1992 - SECT 5
Adjustment consequential on difference between estimated and final factor - section 10A payments
5. Section 10B of the Principal Act is amended:
(a) by omitting from subsection (1) "the year commencing on 1 July 1991" and
substituting "a relevant year";
(b) by inserting in the definitions of "Final factor amount" and "Estimated
factor amount" in subsection (1) " in respect of that year" after " section
10A";
(c) by omitting from subsection (2) "the year commencing on 1 July 1991" and
substituting "a relevant year";
(d) by inserting in the definitions of "Estimated factor amount" and "Final
factor amount" in subsection (2) " in respect of that year" after " section
10A";
(e) by omitting subsection (3) and substituting the following subsection:
"(3) If an amount is payable to a State under subsection (1) in respect of a
year, nothing in this Act prevents that amount from being paid to the State
together with a payment to which the State is entitled under section 7 in
respect of the next succeeding year.";
(f) by adding at the end the following subsection:
"(6) A reference in this section to a relevant year is a reference to a year
commencing on 1 July 1991, 1 July 1992, 1 July 1993 or 1 July 1994.".
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