Loan Act 1925 (WA)
| 1925.] | Loan. | [No. 33. |
LOAN.
16° GEO, V., No. X.XX111.
No. 33 of 1925.
AN ACT to authorise the raising of a sum of Four million pounds by Loan for the construction of certain Public Works and Other Services and the Re-appropriation of certain Loan moneys.
[Assented to 31st December, 1925.]
WHEREAS it is expedient to authorise the raising, by Preamble.
way of Loan, of certain sums of money amounting in all to Four million pounds for the several purposes hereinafter mentioned, and the Re-appropriation of certain Loan moneys : Be it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Council and the 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 | Short title. |
Act, 1925.
2.
| It shall be lawful for the Governor, from time to time, to raise by way of loan such several sums of money, | Power to raisemoney for cer- |
| tain purposes. | |
| not exceeding in the whole the sum of Four million 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 sums raised, how
paid to the Treasurer, and shall be by him placed to the ee be "plied.
credit of an account to be called the General Loan Fund,
and shall be applied by the Treasurer to the purposes set
| No. 33.] | Loan. | [1925. |
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 pari 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 Acts, and are hereby charged upon and shall be payable out of the Consolidated Revenue Fund and Assets of the Government of Western Australia.
| interest charged | 4. |
on2Revonuo.
| Advances on | 5. |
The Governor may, from time to time, by warrant under his hand, authorise the Treasurer to advance and apply to the purposes set forth in the Schedule to 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 Treasurer out of any moneys coming to his hands under the authority of this Act.
account.
Re-appropriation
It shall be lawful for the Governor to appropriate out of the sum set forth in the Second Schedule hereto, from the items therein set forth, and to the items enumer- ated in the Third Schedule hereto, the sum of Two hundred and seventy thousand pounds to be expended on the works named in the Third Schedule hereto.
| from and to. | 6. |
| 1925. | Loma. | [No. 33. |
| FIRST SCHEDULE. |
Provision.
| Item | Work or Service. |
| No. |
| Amount. | Total of Group. |
ADMINISTRATION.
| 1 | Departmental ... | 100,000 |
RAILWAYS.
| 2 | Additions and Improvements to Opened Railways | 50,000 |
| 3 | Narembeen-Merredin | 4,501 |
| 4 | Water Supply, new Lines | ... | 70,000 |
| 5 | Jarnadup-Pemberton | 30,000 | |
| 6 | Flinders Bay-Margaret River | 4,500 | |
| 7 | Lake Grace-Newdegate | 21,000 | |
| Norseman-Salmon Gums | ... | 40,000 | |
| 9 | Piawaning-Northward | 16,000 | |
| 10 | Rails and Fastenings | 100,000 |
| 11 | Electric Power Station, East Perth | 150,000 |
| 12 | Rolling Stock | 200,000 |
| 13 | Dwarda Eastwards | ... | 61,500 |
747,501
HARBOURS AND RIVERS.
| 14 | Fremantle Harbour Works ... | 75,000 |
| 15 | Geraldton Harbour Works ... | 80,000 |
| 16 | 14,000 | |
| 17 | Addition and Improvements to Jetties, Tramways, and Rolling |
| Stock in the North-West | 10,000 |
179,000
WATER SUPPLY.
| 18 | Sewerage-Perth and Fremantle | ... | 130,000 |
| 19 | Goldfields Water Supply | ... | 90,000 |
| 20 | Metropolitan Water Supply | 400,000 |
21 Water Supply in Agricultural Districts (including Drainage and
| Irrigation) | 100,000 |
720,000
DEVELOPMENT OF GOLDFIELDS AND MINERAL RESOURCES.
22 Development of Mining (including Boring for Coal and Mis-
| cellaneous | 100,000 |
| 23 | Erection of State Batteries and Provision for Treatment Plants | 6,000 |
105,000
DEVELOPMENT OF AGRICULTURE.
| 24 | Agricultural Group Settlement | ... | 1,300,000 |
| 26 | Assistance to Settlers, Industries, etc. | ... | 150,000 |
| 26 | Land Settlement for Soldiers : | Advances, Improvements, and |
| Purchase of Estates, etc. | 50,000 |
27 Abattoirs, Cold Storage, Export Depot, Grain Sheds, Sale
| Yards, etc. | 10,000 |
| 28 | Agricultural Bank, Working Capital | ... | 150,000 |
| 29 | Carnarvon Meat Works | .. | 45,000 |
| 30 | Pine Planting and Purchase of Land | ... | 5,000 |
1,710,000
PUBLIC BUILDINGS AND ROADS AND BRIDGES, ETC.
31 90,000
32 New Roads and Bridges, in Country and Goldfields Districts,
| including Feeders to Railways | 40,000 |
| 33 | Loans and Grants to Local Authorities for Erection of Country Hospitals or discharging Existing Liabilities thereon, and to Trustees of Agricultural Halls and Mechanics' Institutes, also to Institutions for erection of Homes, etc. ... | 10,000 |
| 34 | Purchase of Site, Point Heathcote, for Mental Home ... |
| No. 33.] | Loan. | [1925. |
FIRST SCHEDULE.—contivucd.
Provision.
| Item | Work or Service. |
| No. | Total of |
| Amount. | Group. |
| Brought forward | ... | 3,711,592 |
OTHER STATE UNDERTAKINGS.
36 120,000
37 Agricultural Implement Works, Foundry, Meter, and General
| Workshops | 10,000 |
130,000
DISCOUNTS, ETC.
| 38 | Discounts and Flotation Expenses | 158,408 |
| GRAND TOTAL ... | £4,000,000 |
SECOND SCHEDULE.
RE-APPROPRIATIONS FROM, REFERRED TO IN SECTION 6.
| Original | Amount on | Amount Re- |
| No. | Appropriation | Work or Service to which originally | Original Loan | appropriated |
| or Loan | Appropriated. | Schedule. | under this |
| Act. | Act. |
| DEVELOPMENT OF AGRICULTURE. | £ | s. d. | £ | s. d. |
| 1 | 14 of 1922 | Land Resumption ... | ... | ... | ... | 250,000 0 0 | 250,000 0 0 |
SUNDRIES.
| 2 | 35 of 1920 | Wyndham | Freezing | Works—Working |
| Capital | ... | ... | ... | ... | ... | 100,000 0 0 | 20,000 0 0 |
| Total | ... | ... £350,000 0 0 270,000 0 0 |
THIRD SCHEDULE.
RE-APPROPRIATIONS TO, REFERRED TO IN SECTION 6.
Amount Re-
| No. | Work or Service to which sum Appropriated. | appropriated |
| under this Act. |
| DEVELOPMENT OF AGRICULTURE. | £ | s. d. |
| 1 | Land Settlement for Soldiers | 250,000 | 0 | 0 |
| 2 | Development of Agriculture | 20,000 0 0 |
0
0
0