Loan Act 1904 (WA)

WESTERN AUSTRALIA.

ANNO TERTIO

EDWARDI SEPTIMI REGIS,

%XXIII.

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No. 18 of 1904.

AN ACT to authorise the raising of a sum of One million five hundred and eighty- two thousand Pounds by Loan for the construction of certain Public Works, and other purposes.

[Assented to 16th January, 1904.]

HEREAS it is expedient to authorise the raising, by way of Preamble.

million five hundred and eighty-two thousand pounds for theWLoan, of certain sums of money amounting in all to One

several purposes hereinafter mentioned, and also to re-appropriate certain Loan Moneys: Be it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows

1.     THIS Act may be cited for all purposes as the Loan Act, short title.

1904.

2.      IT shall be lawful for the Governor, from time to time, to Power to raise

raise by way of loan such several sums of money, not exceeding	purpoyses.or certain	mone f
in the whole the sum of One million five hundred and eighty-two thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

1904, No. 18.] Loan. [3 En. VII.

be applied. to the Colonial Treasurer, and shall be by him placed to the credit Sums raised, how to 3. ALL sums by this Act authorised to be raised shall be paid

of an account to be called the General Loan Fund, and shall be applied by the Colonial Treasurer to the purposes set forth in this Act, in such amounts and manner as the Governor by any warrants under his hand may from time to time authorise and direct, in conformity with the annual Estimates of the expenditure of Loan moneys sanctioned by Parliament.

THE contributions to the Sinking Fund (which shall be at the rate of one per centum per annum) for the repayment of the sum by this Act authorised to be raised shall commence four years from the date of the first issue of the Debentures or Inscribed Stock.

Contribution to 4.

Sinking Fund.

Principal and in-

THE principal moneys and interest raised and secured by the Stock to be created and sold, under the authorit y of this Act, shall rank pori passu with the principal moneys and interest raised and secured by the Stock created and sold under the Loan Act, 1891, and all subsequent Loan A cts, and are hereby charged upon and shall be payable out of the Consolidated Revenue Fund and Assets of the Government of Western Australia, and shall constitute a charge thereon, subject to the prior charges mentioned in the fourth section of the Loan Act, 1891.

terest charged on 5.

Revenue.

Advances on 6. THE Governor may from time to time, by warrant under

account. his hand, authorise the Colonial Treasurer to advance and apply, to the purposes set forth in the First Schedule of this Act, any sums of money not exceeding in the whole the sum hereby authorised to be raised; and any sums of money so advanced and paid shall be retained by the Colonial Treasurer out of any moneys coining to his hands under the authority of this Act.

Excess on "Con-	7. IT shall be lawful for the Governor to defray from the
struction of pipe

main, etc.;" how	provision (L200,350) made and set forth in the First Schedule hereto
provided for.	for " Completion of Goldfields Water Scheme," the expenditure incurred against " Construction of Pipe Main, etc.," in excess of the provision (L2,214,000) made therefor by the Coolgardie Goldfields Water Supply Re-allocation Act, 1902.

from and to. out of the sum of £463,524 2s. 2d. set forth in the Second Schedule Re-appropriation 8. IT shall further be lawful for the Governor to appropriate

hereto, from the items therein set forth, and to the items enumerated in the Third Schedule hereto, the sum of £91,748 16s. 10d. to be expended on the works named in the said Third Schedule hereto.

3 EDW. VII.] Loan. [1904, No. 18.]

LOAN ACT, 1904.

First Schedule.

PROVISION.

Item UNDERTAKING.

No. Total of Group.

Wsticeae Discounts. Item Total.

DEPARTMENTAL. £ .2 £ £

1 Administration ... 123,160 6,160 129,320 129,320

RAILWAYS, ETC.

2 Additions and Improvements opened Railways 105,000 5,250 110,250

3 Boulder Railway Duplication (Construction) 18,700 830 19,530

4 Collie-Collie-Boulder Railway ... 17,000 850 17,850

5 Collie-Narrogin Railway ... ...

82,500 4,120 86,620

6 Geraldton-Murchison Goldfields Railway 4,610 280 4,840

7	Malcohn-Laverton Railway	...	40,000	2,000	42,000
8	Menzies-Leonora Railway	...	55,000	2,750	57,750

9 Northam-Goomalling Railway ... . .. ... 6,670 330 7,000

10 Purchase of land for Railway Cottesloe-Fremantle, via 50,000 2,500 52,500

Rocky Bay

11	Rails and Fastenings	...	58,100	2,900	61,000
12	Railway Workshops	...	240,480	12,020	252,500

13 Rolling Stock ... ... 142,840 7,160 150,000

14 Surveys New Lines ... ... 1,900 100 2,000

15 Transcontinental Railway Water Supply 12,500 620 13,120 876,960

HARBOUR AND RIVER IMPROVEMENTS.

16 Albany Harbour Works .. ... ... 18,000 900 18,900

17 Bunbury Harbour Works 22,100 1,100 23,200

18 Caruarvon Harbour Works 1,950 90 2,040

19 Fremantle Dock and Slip ... ... ... .. 10,000 500 10,500

20 Fremantle Harbour Works, including Wharf Sheds... 55,240 2,760 58,000

21 Fremantle Sea Wall and Esplanade ... ... 8,040 400 8,440

22 Geraldton Harbour Works ... ... 10,550 520 11,070

23	Improvements Harbours and Rivers	...	10,210	510	10,720
24	Point Sampson (near Cossack) Jetty ...	7,300	360	7,660 150,530

WATER SUPPLY AND SEWERAGE.

25 Completion of Goldfields Water Scheme ... 200,350 10,010 210,360

26 Water Supply for Towns ... ...

... ... 31,000 1,550 32,550 242,910

DEVELOPMENT OP GOLDFIELDS AND MINERAL

RESOURCES.

27 Eastern Goldfields ... ... ... 26,510 1,320 27,830

28 Murchison and Peak Hill Goldfields ... 5,280 260 5,540

29 Pilbarra Goldfields ... ... ... ... ... 7,460 370 7,830

30         Other Goldfields (including Boring for Coal and Mis-

cellaneous) ... ... ... ... ...

4,500 220 4,720

31 Development of Mining ... ... ... 22,000 1,100 23,100 69,020

DEVELOPMENT OF AGRICULTURE.

32 Development of Agriculture, including Drainage 32,870 1,640 34,510

33 Loans for Purchase of Wire Netting ... 15,000 750 15,750 50,260

DISCOUNTS.

[1904, No. 18.] Loan. [3 EDW. VII.

Second Schedule.

Re-appropriation of £91,718 16s. 10d., appropriated fol. various Works under 60 Viet., No. 28; 60 Vict., Ado. 29; 61 Viol., bro. 9, and 62 Vict., No. 7; 63 Viol., No. 44; 64 Vict., No. 13; 1 Edw. No. 2, and 1 & 2 Edw. VII., No. 11, known respectively as " The Loan Act, 18.96;" "The Loans Consolidation Act, 1896;" "The Re-appropriation of Loan Moneys Acts" of 1897-a; "The Loan Act, 1899;" "The Loan Aet, 1900;" " The Loan Act, 1901;" and "The Coolyardie Goldfields Water Supply Re-allocation Act, 1902."

Item Amount of original Amount to be re-

Act. Undertaking. item on appropriated

No. Loan Schedule. under this Act.

s. d. s.

1 60 Viet., No. 28 . Dredges and Barges .. a103,000 0 5,846 16 9

2 60 Viet., No. 29 Lighthouse at Cape Leenwin 1,824 2 61 15 5

3 62 Vict., No. 7 Ashburton Jetty .. ... 7,500 305 15 11

4 62 Vict., No. 7 .. Port Hedlund Jetty and Approaches 13,500 15 15 4

5 62 Wet., No. 7 Wyndham Jetty 5,500 1,237 0 2

6 62 Viet., No. 7 Bunbury Jetty ... ... 10,000 55 13 0

7 62 Viet., No. 7 Bunbury Breakwater ... 30,000 202 4 10

8 6.; Vict., No. 44 .. Busselton Harbour Works 4,000 646 8 10

9	64 Viet., No. 13	..	Ashburton River Water Supply	8,000	2,863 0 9
10	61 Viet., No. 13	...	Derby Harbour Works ...	6,000	1,035 13 0

115 60 Viet., No. 13 ... Lighthouses 10,000

1 Edw. VU., No. 2 Lighthouses ... ... 21,200 1 18,170 0 0

12 61 Viet., No. 9 Kanowna Railway ... 20,000 787 13 5

13 61 Viet., No. 9 Southern Cross-Kalgoorlie Railway 18,000 443 0 6

14 61 Vict., No. 9 Kalgoorlie-Boulder Railway ... 22,000 1,051 5 9

15	62 Viet., No. 7	Menzies Railway ...	...	25,000	3,453 1 1
16	62 Viet., No. 7	Greenhills Railway	...	20,000	4,117 16 7

17 64 Vict., No. 13 ... Donnybrook-Bridgetown Railway 5,000 275 16 11

18	1 Edw. VII., No. 2	Boulder-Brown Hill Loop Line	17,000	11,580 0 0
19	1 Edw. VII., No. 2	Distributing Mains	121,000	39,599 18 7

TOTAL 463,524 91,748 16 10

a. Reduced from origin p ropriution of E128,000 by 62 Vict., No. 7.

Third Schedule.

Works to which the amount sE191,748 16s. 10d., to be re-appropriated by this Act, is to be applied.

Item Amount to be re-

Undertaking. appropriated under

No. this Act.