Document ID: chunk:federal_register_of_legislation:C2013Q00005:body:0:p28
Version: federal_register_of_legislation:C2013Q00005
Segment Type: other
Provision Reference: 
Character Range: 68504–71271

being had to the financial responsibilities incurred by any State in connexion with the construction and maintenance of its railways.  But no preference or discrimination shall, within the meaning of this section, be taken to be undue and unreasonable, or unjust to any State, unless so adjudged by the Inter-State Commission.

103.  Commissioners' appointment, tenure, and remuneration.

  The members of the Inter-State Commission—
 (i.) Shall be appointed by the Governor-General in Council:
 (ii.) Shall hold office for seven years, but may be removed within that time by the Governor-General in Council, on an address from both Houses of the Parliament in the same session praying for such removal on the ground of proved misbehaviour or incapacity:
 (iii.) Shall receive such remuneration as the Parliament may fix; but such remuneration shall not be diminished during their continuance in office.

104.  Saving of certain rates.

  Nothing in this Constitution shall render unlawful any rate for the carriage of goods upon a railway, the property  of a State, if the rate is deemed by the Inter-State Commission to be necessary for the development of the territory of the State, and if the rate applies equally to goods within the State and to goods passing into the State from other States.

105.  Taking over public debts of States.

  The Parliament may take over from the States their public debts, or a proportion thereof according to the respective numbers of their people as shown by the latest statistics of the Commonwealth, and may convert, renew, or consolidate such debts, or any part thereof; and the States shall indemnify the Commonwealth in respect of the debts taken over, and thereafter the interest payable in respect of the debts shall be deducted and retained from the portions of the surplus revenue of the Commonwealth payable to the several States, or if such surplus is insufficient, or if there is no surplus, then the deficiency or the whole amount shall be paid by the several States.

105A.  Agreements with respect to State debts.

 (1.) The Commonwealth may make agreements with the States with respect to the public debts of the States, including—
 (a) the taking over of such debts by the Commonwealth;
 (b) the management of such debts;
 (c) the payment of interest and the provision and management of sinking funds in respect of such debts;
 (d) the consolidation, renewal, conversion, and redemption of such debts;
 (e) the indemnification of the Commonwealth by the States in respect of debts taken over by the Commonwealth; and
 (f) the borrowing of money by the States or by the Commonwealth, or by the Commonwealth for the States.

 (2.) The Parliament may make laws for validating any such agreement made before the