What happens to the money paid to the State under the Commonwealth Act?

Current

(1)

There is to be deposited into the Local Government Financial Assistance Fund established in the Special Deposits Account in the Treasury all money paid to the State under the Commonwealth Act.

(2)

There is to be paid from that Fund the amounts that the Minister decides to allocate to councils under this Division.

This Act’s bill:Explanatory memorandum Second reading speech

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619 What happens to the money paid to the State under the Commonwealth Act?