Commonwealth Numbered Acts

STATES (PERSONAL INCOME TAX SHARING) ACT 1976 No. 122, 1976 - SECT 8

8. (1) Where the amount to which a State is entitled under section 7 in
respect of a year is less than the amount of the minimum entitlement of the
State in respect of the year, the State is entitled to the payment, in respect
of the year, by way of financial assistance, in addition to its entitlement
under section 7, of an amount equal to the difference between those amounts.

(2) In this section-

'' minimum entitlement '', in relation to a State, means-

   (a)  in respect of the year that commenced on 1 July 1976-

        (i)    the total amount payable to the State during the year that
               commenced on 1 July 1975 under sections 6 and 7 of the
               States Grants Act 1973; or

        (ii)   the amount that, in relation to the State in respect of the
               year, is the
               notional amount of assistance under the repealed Act,

whichever is the greater;

     (b)  in respect of a year (in this paragraph referred to as the ''
relevant year '') subsequent to the year that commenced on 1 July 1976, but
not subsequent to the year commencing on 1 July 1979-

        (i)    the total amount to which the State is entitled in respect of
               the year immediately preceding the relevant year under
               section 7 of this Act and sub-section (1) of this section; or

        (ii)   the amount that, in relation to the State in respect of the
               relevant year, is the
               notional amount of assistance under the repealed Act,

whichever is the greater; and

   (c)  in respect of a year (in this paragraph referred to as the
''relevant year'') subsequent to the year commencing on 1 July 1979-the total
amount to which the State is entitled in respect of the year immediately
preceding the relevant year under section 7 of this Act and sub-section (1) of
this section;

''notional amount of assistance under the repealed Act'', in relation to a
State in respect of a year, means the amount that, if the States Grants Act 
1973 had continued in force and grants had continued to be made under that
Act, would have been payable to the State during the year under section 6 of
that Act.

(3) Notwithstanding the repeal of the States Grants Act 1973, section 10 of
that Act shall continue to have effect for the purpose of ascertaining the
amount that would have been payable to a State during a year under section 6
of that Act if that Act had continued in force.