Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FEDERAL FINANCIAL RELATIONS ACT 2009 - SECT 8

GST revenue sharing relativity

  (1)   The Minister may determine that a factor specified in the determination is the GST revenue sharing relativity for a State for a payment year.

  (2)   Before making a determination under subsection   (1), the Minister must consult each of the States.

  (2A)   A factor determined under subsection   (1) for a State for the 2022 - 23 payment year or the 2023 - 24 payment year must be greater than or equal to 0.7.

  (2B)   A factor determined under subsection   (1) for a State for the 2024 - 25 payment year or a later payment year must be greater than or equal to 0.75.

  (3)   A determination under subsection   (1) is a legislative instrument, but section   42 (disallowance) of the Legislation Act 2003 does not apply to the determination.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback