Loan Act 1917 (Cth)

 

LOAN.

No. 30 of 1917.

An Act to authorize the Raising and Expending of the sum of One million eight hundred and sixty-two thousand pounds for certain purposes.

[Assented to 22nd September, 1917.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1. This Act may be cited as the Loan Act 1917.

Treasurer may borrow £1,862,000.

2. The Treasurer may from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911-1915, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of One million eight hundred and sixty-two thousand pounds.

Purpose for which moneys may be expended.

3. The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes set forth in the Schedule to this Act.

 

SCHEDULE.

—	Amount estimated to be expended in 1917-18.	Already available under Appropriations made by previous Acts.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
£	£	£
UNDER CONTROL. OF DEPARTMENT OF WORKS AND RAILWAYS.
Flinders Naval Base—Buildings, Water Power, Light and other works..................................................................................	45,000	..	45,000
Naval Bases, Works and Establishments—
Labour and Material........................................................	213,000	..	213,000
Machinery and Plant and expenditure in connexion therewith......................................................................................	122,000	..	122,000
Cockatoo Island Dockyard—	..
Naval Engineering Works..............................................	80,000	..	80,000
Acetate of Lime Factory, including installation of plant...........................................................................................	34,000	..	34,000
General Arsenal—
Works and Buildings, including erection of residential quarters—towards cost.............................................	100,000	..	100,000
Perth General Post Office—towards cost	45,000	..	45,000
Contribution under River Murray Waters Art 1915.........	90,000	..	90,000
Railway from Darwin to Katherine River— Capital Expenditure.............................................................................................	26,000	..	26,000
Kalgoorlie to Port Augusta Railway...................................	622,000	622,000	..
Railway from Pine Creek to Katherine River and Southwards	20,000	20,000	..
Railway—Completion of Construction Line and New Bridge on Queanbeyan Line and additional waterway on Queanbeyan to Canberra Line...................................................................	8,300	..	8,300
Capital required for the working of the “Plant and Stores Suspense Account” established by the Commonwealth Railways Act 1917.............................................................................................	200,000	..	200,000
Total under control of Department of Works and Railways.........................................................................	1,605,300	642,000	963,300
UNDER CONTROL, OF POSTMASTER GENERAL’S DEPARTMENT.
For the construction of Conduits and for laying wires underground.............................................................................................	271,239	167,239	104,000
UNDER CONTROL OF THE DEPARTMENT OF DEFENCE (MILITARY).
Acetate of Lime Factory—Machinery and Plant—towards cost.............................................................................................	20,000	..	20,000
General Arsenal—Machinery and Plant—towards cost.........................................................................................	25,000	..	25,000
Total under Control of Department of Defence (Military)...............................................................................................	45,000	..	45,000
Carried forward......................................................................	1,921,539	809,239	1,112,300

 

Schedule—continued.

—	Amount estimated to be expended In 1917-18.	Already available under Appropriations made by previous Acts.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
£	£	£
Brought forward.......................................	1,921,539	809,239	1,112,300
UNDER CONTROL OF DEPARTMENT OF THE NAVY.
Cockatoo Island Dockyard—
Machinery and Plant, yard and floating plant............	100,000	..	100,000
Construction of Fleet.............................................................	400,000	..	400,000
Flinders Naval Depôt—Machinery and Plant..................	35,000	..	35,000
Wireless Telegraphy.............................................................	15,000	..	15,000
Total under Control of Department of the Navy.......	550,000	..	550,000
UNDER CONTROL OF HOME AND TERRITORIES DEPARTMENT.
Purchase of Sites—
Land, Fairy Meadow, New South Wales	8,000	..	8,000
Land lying outside Federal Capital Territory..............	1,500	..	1,500
Land in Federal Capital Territory..................................	114,680	75,680	39,000
Land for Defence purposes generally...........................	38,000	..	38,000
Land for Naval Defence purposes, Cock-burn Sound	20,000	..	20,000
Land for Port Stephens Naval Base..............................	25,000	..	25,000
Land for Post and Telegraph purposes.........................	3,000	3,000	..
Land for Lighthouse Workshop, Store and Offices, Port Adelaide......................................................................	4,500	..	4,500
Land for Lighthouse Workshop, Store and Offices, Brisbane......................................................................................	4,000	..	4,000
Land for Quarantine Stations, Lytton, Queensland, and Bunbury, Western Australia....................................	500	..	500
Land for Laboratory at Royal Park, Melbourne...........	8,100	..	8,100
Total under Control of Home and Territories Department	227,280	78,680	148,600
UNDER CONTROL OF DEPARTMENT OF TRADE AND CUSTOMS.
New Lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for lightships	40,000	..	40,000
Additions to existing lighthouses........................................	11,100	..	11,100
Total under Control of Department of Trade and Customs	51,100	..	51,100
UNDER CONTROL OF PRIME MINISTER’S DEPARTMENT.
London Offices......................................................................	100,000	100,000	..
Total...........................................................................	£2,849,919	£987,919	£1,862,000