Loan Act 1919 (Cth)

 

LOAN.

No. 13 of 1919.

An Act to authorize the Raising and Expending of the sum of One million one hundred and seven thousand six hundred and two pounds for certain purposes.

[Assented to 28th October, 1919.]

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 1919.

Treasurer may borrow £1,107,602.

2.The Treasurer may from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911–1918, 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 one hundred and seven thousand six hundred and two pounds.

Purposes 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 required in 1919–20.	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.	£	£	£
Naval Bases, Works, and Establishments......................................	90,000	..	90,000
Cockatoo Island Dockyard—
Naval Engineering and other Works...............................	15,000	15,000
Lithgow Housing Scheme—Erection of cottages—towards cost.....................................................................................................	55,000	..	55,000
Buildings and Engineering Works for Cordite Factory, Maribyrnong	11,500	11,500	..
Perth General Post Office—towards cost......................................	60,000	26,562	33,438
Contribution under River Murray Waters Act 1915	66,700	43,240	23,460
Kalgoorlie to Port Augusta Railway...............................................	137,000	137,000	..
Northern Territory Railway—Capital Expenditure	3,000	..	3,000
Total under control of Department of Works and Railways	438,200	233,302	204,898
UNDER CONTROL OF POSTMASTER GENERAL’S DEPARTMENT.
Construction and extension of telegraphs and telephones; also construction of conduits, and for laying wires underground.....................................................................................................	398,026	..	398,026
UNDER CONTROL OF THE DEPARTMENT OF DEFENCE (MILITARY).
General Arsenal—Machinery and Plant—towards cost..............	50,000	5,164	44,836
Cordite Factory — Experimental Tri-Nitro-Toluene (T.N.T.) plant	7,000	7,000	..
Cordite Factory—Machinery and Plant.........................................	8,000	..	8,000
To be paid to the credit of Trust Fund Small Arms Ammunition Account for reserve of Small Arms Ammunition.....................................	120,000	..	120,000
Reserve of Cordite for Small Arms Ammunition	35,000	..	35,000
Reserve of Rifles................................................................................	197,300	..	197,300
Total under Control of Department of Defence (Military)	417,300	12,164	405,136
UNDER CONTROL OF DEPARTMENT OF THE NAVY.
Cockatoo Island Dockyard—
Machinery and Plant, yard and floating plant	40,000	13,630	26,370
Flinders Naval Depot—Machinery and Plant...............................	10,000	10,000	..
Wireless Telegraphy..........................................................................	12,000	7,832	4,168
Total under Control of Department of the Navy...........	62,000	31,462	30,538
Carried forward................................	1,315,526	276,928	1,038,598

 

Schedule—continued.

—	Amount required in 1919–20.	Already available under Appropriations made by previous Acts	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
£	£	£
Brought forward.........................................	1,315,526	276,928	1,038,598
UNDER CONTROL OF HOME AND TERRITORIES DEPARTMENT.
Purchase of Sites—
Land, Fairy Meadow, New South Wales.................	8,000	7,310	690
Land in Federal Capital Territory...........................	10,200	10,200	..
Land for Defence purposes generally.....................	17,000	17,000	..
Land for Naval Defence purposes, Cookburn Sound	5,000	5,000	..
Land for Port Stephens Naval Base........................	13,000	13,000	..
Townsville Wireless Site.......................................	400	361	39
Wungong Quarry Site, Western Australia...............	300	60	240
Land for Post and Telegraph purposes....................	645	645	..
Land for Quarantine purposes................................	150	150	..
Total under Control of Home and Territories Department	54,695	53,726	969
UNDER CONTROL OF DEPARTMENT OF TRADE AND CUSTOMS.
New Lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for lightships	15,000	5,765	9,235
Alterations of Lighthouse Services................................	13,000	..	13,000
Total under Control of Department of Trade and Customs...........................................................	28,000	5,765	22,235
UNDER CONTROL OF PRIME MINISTER’S DEPARTMENT.
London Offices............................................................	62,000	16,200	45,800
Total...............................................................	1,460,221	352,619	1,107,602