Loan Act 1919 (WA)

1919.] Loan. [No. 47.

LOAN.

10° GEO. V., No. XXXV.

No. 47 of 1919.

AN ACT to authorise the raising of a sum of Three million three hundred and thirty-nine thousand pounds by Loan for the construction of certain Public Works and for other purposes, and the Re-appropriation of certain Loan moneys.

[Assented to 17th December, 1919.]

HEREAS it is expedient to authorise the rising, by Preamble. P

way of Loan, of certain sums of money amounting in all to Three million threehundred and thirty-nine thousand pounds for the 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 the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows :—

V

1.    This Act may be cited for all purposes as the Loan Short tit/e.

Act, 1919.

2.    It shall be lawful for the Governor, from time to Power tfo raiser

time, to raise by way of loan such several sums of money, cmeral pour,

not exceeding in the whole the sum of Three million three P°ses'

hundred and thirty-nine thousand pounds, as may be

required for the several works and purposes mentioned

in the First Schedule to this Act.

3.    All sums by this Act authorised to be raised shall be pmstuted,

paid to the Colonial Treasurer, and shall be by him placed arlied.

to the credit of an account to be called the General Loan

No. 47.] Loan. [19]9.

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.

Principal and

The principal moneys, and interest thereon, raised under the authority of this Act shall rank parr passe with the principal moneys and interest raised and secured by the Stock created and sold under the Loan Act, 1891, and all subsequent Loan Acts, 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.

interest 4.

charged on

Revenue.

The Governor may, from time to time, by warrant under 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 coming to his hands under the authority of this Act.

Advances on 5.

account.

It shall further be lawful for the Governor to appro- priate out of the sums set forth in the Second Schedule hereto, from the items therein set forth, and to the items enumerated in the Third Schedule hereto, the sum of Eighty-five thousand five hundred pounds to be expended on the works named in the Third Schedule hereto.

6.

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to.

1919.] Loan. [No. 47.

FIRST SCHEDULE.

Provision.

Item Work or Service.

No. Total of

Amount. Group.

ADMINISTRATTON.

1 Departmental ... 50,000

RAIIAVAYS.

2 Additions, Improvements to Opened Railways I 50,000

3 Surveys, New Lines ... 16,000

4	Water Supply, Now Lines	8,000
6	50,000
Tramways, Perth Electric (including Rails and Fastenings

and Rolling Stock) ... 50,000

7 Electric Power Station, East Perth 50;000

224,000

HARBOURS AN': RIVERS.

Bunbury Harbour Works ... 40,000

0 Fremantle Harbour Works ... 24,000

10 Improvements to Harbours and Rivers ... 28,000

92,000

DEVELOPMENT OF AGRICULTURE.

11

Abattoirs, Cold Storage: Freezing, Chilling, and Canning

Works, Wyndham ; Refrigerating Works, Export

Depot, Grain Sheds, and Sale Yards (including Land

100,000

12 Land Settlement for Soldiers ; Advances, Improvements,

and Purchases of Estates ... 2,600,000

13 Agricultural Bank 50,000

------- 2,750,000

SUNDRIES

14 Public Buildings 25,000

OTHER STATE UNDERTAKINOS.

15 Wyndham Freezing Works, Working Capital 100,000

DISCOUNTS, ETC.

No. 471 Loan. [1919.

SECOND SCHEDULE.

RE-APPROPRIATIONS FROM, REFERRED TO IN SECTION 6.

Amount Re.

Work or Service to which originally Amount on

Original appropriated

No. appropriated. original Loan

Loan Act. under this

Schedule. Act.

RAILWAYS, ETC.

1 Loan Act, 1915, Land Resumption New Lines ... 64,000 13,500

Sup.

DEVELOPMENT OF GOLDFIELDS, ETC.

2      Loan Act, 1915 ... Development of Mining (including

Boring for Coal and Miscellaneous)	20,000	5,000
DEVELOPMENT OF AGRICULTURE,

ETC.

3 Loan Act, 1916... Assistance to Settlers, Industries, etc. 650,000 50,000

()TILER UNDERTAKINGS,

4 Loan Act, 1915 Agricultural Implement Works, Foun- 7,000

Sup. dry, Meter and General Wcncshops 6,000

Loan Act, 1916 47,556

5 Loan Act, 1916 ... Shipment of Cattle from North-West 10,000 10,000

6 Loan Act, 1918 ... Shipbuilding (Advances) 1,000 i 1,000

Total ... £85,500

THIRD SCHEDULE.

RE-APPROPRIATIONS TO, REFERRED TO IN SECTION 6.

Amount Re-ap-

o. Work or Service to which now appropriated. propriated under

this Act.

RAILWAYS. £ s. d,

Bolgart Extension ... 3,500 0 0

2 Wyalcatchemalt. Marshall, extonsion to Dowerin-Merredin 10,000 0 0

DEVELOPMENT OF GOLDFIELDS, ETC.

3 Erection of State Batteries and Provision of Treatment Plants 5,000 0 0

DEVELOPMENT OF AGRICULTURE, ETC.

4 Agricultural Bank Capital ... ... ... ... ••• 50,000 0 0

OTHER UNDERTAKINGS.

5	State Hotels	...	...	...	...	...	4.000	0	0
...	...	...	...	...	2,000	0	0