Loan Act 1921 (Cth)

L O A N.

No. 9 of 1921.

An Act to authorize the raising of the sum of

Five million pounds for certain purposes.

may be	expenses of borrowing and for the purposes of appropriations made or
borrowed.	to be made by law. Authorised Version C1921A00009

[Assented to 11th November, 1921.]

BE it enacted by the King's Most Excellent Majesty, the Senate, Australia, as follows:—

and the House of Representatives of the Commonwealth of

Sbort title and	1. This Act may be cited as the Loan Act 1921.
citation.
Authority to	2. The Treasurer may from time to time, under the provisions of
borrow

£5,000,000. 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 sum of Five million pounds.

Purpose for	3. The amount borrowed shall be issued and applied only for the
which money