Fix this text
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Fix this textFOR PRESS ·
Fix this textP:,y> No, 10/1964
Fix this textFREMIERS« CONFERENCE - MARCH. 1964
Fix this textCOMMONWEALTH AID ROA DS 1 964/65 - 1968/69
Fix this texttement by the Prime Minister, the Rt, Hon. Sir Robert, Menajes
Fix this textIt is proposed that the new Commonwealth Aid Roads
Fix this textlegislation will provide as follows
Fix this text(1) a period of five years from 1st July, 1964 ;
Fix this text( 2 ) subject to matching contributions by State Governments
Fix this textin respect of that portion of the grant known as the
Fix this textadditional grant, the Commonwealth will make available
Fix this textto the States over a five year period a total sum of
Fix this text£375,000,000 for the construction, reconstruction and
Fix this textmaintenance of roads;
Fix this text( 3 ) the basic grant payable to the States by the Commonwealth
Fix this textwill total £330,000,000 distributed over the five
Fix this textas follows s-
Fix this text£
Fix this text1 964-65
Fix this text62,000,000
Fix this text1965-66
Fix this text64 , 000,000
Fix this text1966-67
Fix this text66,000,000
Fix this text1967-68
Fix this text68,000,000
Fix this text1968-69
Fix this text70,000,000
Fix this text(4) in addition to these basic grants of £330,000,000, the
Fix this textCommonwealth will make available to the States further
Fix this textsums totalling £ 45 , 000,000 on the basis of £1 for every
Fix this text£1 allocated by the State Governments from their own
Fix this textresources for expenditure on roads over and above
Fix this textcertain base amounts. These are the amounts required
Fix this textto be allocated by States for roads expenditure in
Fix this textorder to qualify under the present legislation for the
Fix this textadditional grant in 1963 - 64 , The amount of such
Fix this textadditional grants by the Commonwealth will bo subject
Fix this textto annual limits as follows ?-
Fix this text£
Fix this text1 964-65
Fix this text3,000,000
Fix this text1965-66
Fix this text6,000,000
Fix this text1966-67
Fix this text9,000,000
Fix this text1967-68
Fix this text12,000,000
Fix this text1968-69
Fix this text15,000,000
Fix this text( 5 ) the State Governments will be required to ensure, as at
Fix this textpresent, that not less than 40 per cent, of funds
Fix this textmade available by the Commonwealth will be spent on
Fix this textroads in rural areas, other than highways, main roads
Fix this textand trunk roads;
Fix this text/2
Fix this textIt's easy and takes two shakes of a lamb's tail!
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