Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may determine that an amount specified in the determination is to be paid to a State specified in the determination for the purpose of making a grant of financial assistance to:
(a) support the delivery by the State of specified outputs or projects; or
(b) facilitate reforms by the State; or
(c) reward the State for nationally significant reforms.
(2) If the Minister determines an amount under subsection (1):
(a) that amount must be credited to the COAG Reform Fund; and
(b) the Minister must ensure that, as soon as practicable after the amount is credited, the COAG Reform Fund is debited for the purposes of making the grant.
(3) Despite subsection (2), if an Appropriation Act relating to a financial year declares that a specified amount is the debit limit for the financial year for the purposes of this section:
(a) the total amount credited to the COAG Reform Fund under paragraph (2)(a) during the financial year; and
(b) the total amount debited from the COAG Reform Fund during the financial year for the purposes of making such grants;
must not exceed that specified amount.
(4) Despite subsection (2), if, for a financial year, no Appropriation Act relating to the financial year declares that a specified amount is the debit limit for the financial year for the purposes of this section:
(a) amounts must not be credited to the COAG Reform Fund under paragraph (2)(a) during the financial year; and
(b) amounts must not be debited from the COAG Reform Fund during the financial year for the purposes of making such grants.
(5) A determination under subsection (1) is a legislative instrument, but section 42 (disallowance) of the Legislation Act 2003 does not apply to the determination.