Government Loan Act of 1902 (2 Edw VII No. 27) (Qld)

LOANS. 8353 2 EDW. VII. No. 27, 1902. Government Loan Ad. 8. All moneys mised under the authority of this Act Mo~ eyraised shall he carried to and form part of the Consolidated ~ ~; ~ ~r Revenue Fund, and shall and may be applied for any Consolidated service authorised to be defrayed out of the Consolidated Revenue. Revenue :Fund. 9. Upon proof being made, on oath, before a Judge P~ovisionsfor of the Supreme Court that any Treasury Bill issued under BJlllost, &c. this Act, the number and sum whereof is specified, has heen lost or accidentally burnt or otherwise destroyed before the same has heen paid off, and upon such Judge certifying that he is satisfied with such pruof, the Treasurer may cause a new Bill to be made out at the Treasury bearing the same number, date, currency, principal sum, and 1'ate of interest, as the Bill so lost or destroyed, and to be delivered to the person who was the holder of the Bill so lost or destroyed. upon his giving sufficient security to the Treasurer to indemnify the 'rrpasury against any double payment if the missing Bill should thereafter be presented for payment. 10. All Treasury Bills issued under this Act, after Cancelling of being paid off and discharged, shall be cancelled, and ~ ' ; lharged shall, together with all checks, indents, and counterfoils 1 s. belonging to them, be burned or otherwise destroyed in the presence of the Auditor-General and the Under Secretary of the Treasury, who shall certify the fact of such destruc- tion to the Treasurer. An Act to Authorise the Raising of a Loan for 2 Rdw. VII. the Public Service of the State and for other No. 27. Purposes. THE GOVERNMENT LOAN AOT [ASSENTED TO 26TH DECEMBER, 1902.] OF 1902. W HEREAS it is experlient to authorise the raising by Preamble. way of Loan for the Puhlic Service of the State of certain sums of money, amounting in all to Two million two hundred and fifty-six thousand pounds, for the several purposes hereinafter specified: Be it therefore enacted by the King's Most Excellent Mnjesty, hy and with the advice and consent of the Legislative Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. It shall be lawful for the Governor in Council to Power to raise by way of Loan for the Puhlic Ser~ ice .of the State ~~ ~ s: e~: ~ Y such several sums of money, not exceedmg In the whole pu.rposes. the sum of Two million two hundred and fifty-six

8354 LOANS. Government Loan Act. 2 EDW. VII. No. 27; 1902. thousand pounds, as may be required for the several purposes following, that is to say,- RAILWAYS- Southern Central Northern General £ 8. d. 500,000 0 0 100,000 0 0 100,000 0 0 324,000 0 0 ELECTRIC TELEGRAPHS .•. DEFENCE LOANS TO LOCAL BODIES CONSERYATION OF WATER AND IRRIGA.TION DEFICITS ON LOANS £ 8. d. 1,024,000 0 0 55,000 0 0 20,000 0 0 6S5,000 0 0 151),000 0 0 322,000 0 0 £2,256,000 0 0 - - - - - - - - - - Loans secured 2. For the purpose of raising the whole or any part of uCpoonnsotlhideated such sum, the Governor in Council may cause Debentures Revenue. to be made out and sold, or may authorise the creation and sale of Inscribed Stock as provided by" The Queensland Stock Inscription Act of 18H3"; * and all Debentures or Inscribed Stock so made out or created, and sold, shall be secured upon the Consolidated l{evenue of the State, and shall bear interest at a rate not exceeding Three pounds and ten shillings per centum per annum. Debentures 3. The Governor in Council may authorise the sale of ~ ~ o~ ~ s: ~ ~ ~ e any such Debentures or Inscribed Stock in places beyond sold .\Je:yond the limits of the State, and may appoint any agent or tthhee hSmtalties. of agen t S t 0 nego t l ' a t e such sa1e. Sums 4. All sums borrowed under the authority of this Act : ~ :;o~e: e shall be paid to the Treasurer, and shall be by him placed accounted for. to the credit of the Consolidated Revenue Fund. Loau when to 5. All sums borrowed under the authoritv of this Act be repaid. shall be repayable not later than the first day~ of January, one thousand nine hun9.red and fifty-three. S.ecurities 6. All Debentures purporting to be issued by the : ; en~o~ ~rnor Governor under the authority of this Act, and signed by or V~ce- the Governor or by the Vicp--President of the Executive tPhreeSEIdxeenctu o ti ~ ve Council ' and countersigned by the Treasurer , shall he Couneil to be deemed to have been duly issued, and the holder thereof I ~ s e su e e m d e _ d duly shall not . be bound to inquire whether such issue was in fact duly authorised. Interest to be 7. All interest upon any sums borrowed under the cahparrigmeaorny authority of this Act shall be and be deemed to be a revenue. charge upon all the revenues of the State, and the same to 47 Vie. No. 1, 8upra, page 1327.

LOANS.-LOCAL GOVERNMENT. 2 Enw. VH.N o. 19, 1902. Local AufltQrifies Act. , ,.,,, ., when due shall be paid by. the Treasurer out of such revenues in priority to all demands thereon,except the charges and expenses of the collection thereof and the interest upon the sum authorised to be borrowed under the authority of the Government Loan Acts of 1872, 1875, 1876, 1877, 1878, 1879, 1~ 81, 1882, 1884, 1889, 1H90, 1894, 1896~ 1899, and 1900, the Agricultural Lands Pur- chase Acts, "The Savings Bank (Seaurities) Act qf 1~95," and the Treasury Bills Acts of 1901 and 1902.* 8. This Act shall be styled and may be cited as " The Short title. G{)'/)e1'nment Loan Act of 1902." LOCAL GOVERNMENT. An Aot to Consolidate and Amend the Laws relating 2 Ed".. VII. . to Looal Authorities.' T! O~ : \ L [ASSENTED TO 20T:Q: DECEMBER, 1902.] ! : ~ ~ RI; ~ B E .it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legisla- .tive Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows : - PART I.-PRELIMINARY. PART L- PULIIlUNART. 1. This Act may be cited as " The Local Ll-uthorities Short title. Act of 1902." 2. Except as is. herein otherwise provided, this Act Commence· shall commence and take effect on and from the thirty- ment of Aet. first day of March, one thousand nine hundred and three. 3. This Act is divjded into Parts and Subdivisions :livision of as follows :---" Act. PART I.-PRELIMINARY: PART H.-AREAS: 'PART HL-CONSTITUTION OF LOCAL AUTHORITIES; QUALIFICATION OF MEMBERS AND VOTERS; OUSTER FROM OFFICE: Subdivision I.-Constitution ofLocal Authorities; *' 36 Vie. No. 24, supra, page 1304; 39 Vie. No. 8, iupra. page 1306; 40 Vie. No. 19, supra, page 1307; 41 Vie. .No. 22, supra, page 1308; 42 Vie. No. 10, sup,.a, page 1310; 43 Vie. No. 6, supra, page 1311; 45 Vie. No. 8, supra, page 1313; 46 Vie. No. 16, supra, page 1314; 47 Vie. No. 10, supra, page ~ 316; 48 Vie. No. 25, 8upra, page 1317; 53 Vie. No. 16, supra, page 3772; 54 Vie. No. 25, supra, page 4013; 68 Vie. No. 32, supra, page 4997; 60 Vie. No. 17, supra, page 6013; 63 Vie. No. 14, 8ttpra, page 7137 ;64. Vie. No. 24, supra, page 7362; 58 Vie. No. 27, supra, page 4988; 61 Vie. No. 13, supra, page 6223; 1 Edw. VII. No. 9., supra, page 81311; 1 Edw. VII. No. 23, supra, page 8136; 59 Vie. No. 20, supra, page 5600; 1 Edw. ViI. No. 4, fttp,.a, page 8166; and,2 Edw;/,vII. No. 26, IMt preceding Act.