Farm Water Supplies (Amendment) Act 1973 (NSW)

FARM WATER SUPPLIES (AMENDMENT) ACT.

ANNO VICESIMO SECUNDO

ELIZABETHE II REGINE

Act No. 62, 1973.

An Act to permit the Water Conservation and Irriga­ tion Commission to lend moneys to a Board of Management constituted under the Private Irriga­ tion Districts and Water (Amendment) Act, 1973, for certain purposes; for this purpose to amend the Farm Water Supplies Act, 1946; and for purposes connected therewith. [Assented to, 15th October, 1973.] BE

£JE it enacted by the Queen's Most Excellent Majesty, b ,
and with the advice and consent of the Legislative
Council and Legislative Assembly of New South Wales in

Parliament assembled, and by the authority of the same, as

follows: —

1. This Act may be cited as the "Farm Water Supplies

(Amendment) Act, 1973".

2. The Farm Water Supplies Act, 1946, is amended—

(a) by inserting next after section 16 the following new sections :—

16A. (1) In this section—

"Board" means Board of Management elected in respect of a private district within the meaning of the Private Irrigation Districts and Water (Amendment) Act, 1973;

"conveying works" and "supply work" have the meanings respectively ascribed thereto in that Act.

(2 ) A Board may apply to the Commis­

sion in the prescribed manner for a loan for the

purposes of—

(a) constructing, supplying or installing struc­ tures, meters or appliances forming part of a supply work or conveying works; or

(b)

(b) enlarging, modifying, repairing, operating, maintaining or renewing the supply work or conveying works.

(3) Subject to subsection ( 4 ) , the Com­ mission may, with the approval of the Minister, grant or refuse an application for a loan.

(4 ) A loan shall not be granted where the sum of the principal amounts owing in respect of loans made to a Board under this section and the principal amount of a proposed loan under this sec­ tion would exceed $10,000.

(5) Loan moneys shall not be paid to a Board unless the Board is, at the time of payment of the loan moneys, the holder of a group license issued under Division 4A of Part II of the Water Act, 1912.

(6 ) A loan—

(a)	shall be made by the Bank through its Irriga- tion Agency;
(b)	shall bear interest from the day of paymen to the Board of the loan moneys at the rate it would bear if it were an advance referrec to in subsection (1) of section 5 ; and
(c)	with the interest thereon, shall be payablt by consecutive half-yearly instalments withii

16B. A loan granted pursuant to subsection (3) of section 1 6A shall be advanced upon such security, and be subject to such covenants, conditions and provisions not inconsistent with section 16A, as the Bank may direct. is determined by the Commission. such period not exceeding fifteen years a

(b)	by inserting in section 17 after the word "advance"" wherever occurring the words "or loan";
(c)	by omitting section 18 (2) (b), (c) and (d) and section 18 (3) and by inserting instead the follow- ing subsection :—

(3 ) Section 41 of the Interpretation Act, 1897, applies in respect of a regulation as if this Act had been passed after the commencement of the Inter- pretation (Amendment) Act, 1969.

(d ) by omitting from section 19 the words "or police".

GAMING