Finance Act 1951

  • repealed
  • Finance Act 1951: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).

Part 1 Public revenues

2 Payment of child bonus

(1)

There may, without further appropriation than this section, be paid out of moneys available in the Consolidated Fund in respect of the financial year that ended with 31 March 1951, that the Minister of Finance is satisfied are in excess of the amounts reasonably required for the purposes of that Fund, an amount not exceeding in the aggregate the sum of 3,100,000 pounds for the purpose of paying a bonus of 5 pounds in respect of each child coming within any one of the following classes, namely:

(a)

children in respect of whom a family benefit or orphan’s benefit under the Social Security Act 1938 was being paid at 30 June 1951:

(b)

children in respect of whom a family benefit or orphan’s benefit is granted at any time after 30 June 1951, to commence on or before that date:

(c)

children ordinarily resident in New Zealand in respect of whom, but for payment of a war pension under the War Pensions Act 1943 or a pension from an overseas Government, a family benefit would have been payable at 30 June 1951:

(d)

any other child in respect of whom the Social Security Commission in its discretion directs that the bonus shall be paid.

(2)

Subject to the provisions of this section, all bonuses payable under this section shall be paid in the same manner and subject to the same conditions as if they were family benefits under the Social Security Act 1938.

(3)

This section shall be deemed to have come into force on 30 June 1951.