Loan Act 1927 (WA)
| 1927.] | Loan. | [No. 29. |
LOAN.
18° GEO. V., No. XXIX.
No. 29 of 1927.
AN ACT to authorise the raising of a sum of Four million nine hundred and forty thousand pounds by Loan for the construction of certain Public Works and Other Services and the Re-appropriation of certain Loan moneys.
[Assented to 23rd December, 1927.]
HEREAS it is expedient to authorise the raising, by Preamble.
Wway of Loan, of certain sums of money amounting
in all to Four million nine hundred and forty thousand 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 Legislative 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, 1927.
| It shall be lawful for the Governor, from time to time, to raise by way of loan such several sums of money | Power to raise |
| money for certain | |
| purposes. | |
| not exceeding in the whole the sum of Four million nine hundred and forty thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act. |
2.
| No. 29.] | Loan. | [1927. |
Sums raised, how
All sums by this Act authorised to be raised shall be paid to the Treasurer, and shall be by him placed to the credit of an account to be called the General Loan Fund, and shall be applied by the 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.
| to be applied. | 3. |
Principal and
The principal moneys, and interest thereon, raised 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. |
| on Revenue. | under the authority of this Act shall rank pari passu with |
| Advances on |
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. | 5. |
,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 Four hundred and seventy-nine thousand two hundred and fourteen pounds nine shillings and sixpence to be expended on the works named in the Third Schedule hereto.
| 110/11 and to. | 6. |
| 1927.] | Loan. | [No. 29. |
FIRST SCHEDULE.
Provision.
Item
| No. | Work or Service. | Total of |
| Amount. | Group. |
ADMINISTRATION.
| 1 | Departmental | 200,000 |
12 AMWAY 5, TRAMWAYS, ETC.
| 2 | Additions and Improvements to Opened Railways | 100,000 |
| 3 | Albany-Denmark | 100,000 |
| 4 | ! Ejanding Northwards | 100,000 |
| 5 | Kaikalling-Bulllinch | 100,000 |
| : Water Supply—New Lines ... | 50.000 |
| 7Surveys—New Lines ... | 20,000 |
| S: Rails and Fastenings | ..• | ••• | ••• | • | 150,000 |
| 0 | ! | Rolling Stock ... | 150,000 |
| 10 | , Electric Power Station, East Perth | 30,000 |
| 11 | Tramways—Perth Electric ... | 30,000 |
800.000
HARED URS AND RIVERS.
12 Additions and Improvements to Jetties, Tramways Rolling
| Stock in North-West | ... | ... | ... | ... | ,,. | ... | 15,000 |
| 13 | : Fremantle Harbour Works ... | ... | ... | ... | ... | ... | 75,000 |
| 14 | I Geraldton Harbour Works ... | ... | ... | 100,000 |
| 15 | improvements to Harbours and Rivers ... | 20,000 |
210,000
WATER SUPPLY.
| 10 | Water Supply for Towns Generally | ... | 35,000 |
| 7 | Metropolitan Water Supply | 180,000 |
| 18 | Sewerage—Perth and Fremantle | ••• | 130,000 |
19 Water Supply in Agricultural and North-West Districts (including
| Drainage and Irrigation) | 180.000 |
525,000
DEVELOPIIENT or GOLDFIELDS AND MINERAL RESOURCES.
20 Development of Mining (including Boring for Coal and Miscel-
| |||
| 21 |
|
75,000
DEVELOPMENT or AGRICULTURE..
1
| 22 | Agricultural Group Settlement and Migration | ... | • • • | 1,500,001) |
| 23 | College of Agriculture | ... | ... | ... | ... | ... i | 20,000 |
| 21 | Development of Agriculture | ... | .r. | ... | ... | 00,000 |
| 25 | Purchase of Wire Netting for Settlers | ... | ... | ... | 00,000 |
| ... | 10,000 |
| 27 | Agricultural Immigration | ... | ... | ... | ... | 10.000 |
| 28 | Assistance to | Settlers, Industries, etc. | ... | ... | ... | ... | 100.000 |
29 Land Settlement for Soldiers—Advances, Improvements, and
| Purchase of Estates, etc. | ... | ... | ... | ... | ... | 25,000 |
1,785,000
| Carried forward | 3,685,000 |
| No. 29.] | Loan. | [1927. |
FIRST SCHEDULE—Continued.
Provision.
Item
| No. | Work or Service. |
Total of
| Amount. | Group. |
| Brought forward | ... | 3,685,000 |
| PUBLIC | BUILDINGS AND ROADS AND BRIDGES, ETC |
30 100,000
31 New Roads and Bridges, in Country and Goldfields Districts,
| including Feeders to Railways ... | 270,000 |
| 32 | Reconstruction of Canning Road | 80,000 |
| 33 | Pardelup Prison Farm | ... | 5,000 |
| 34 | Workers' Homes—Working Capital | 75,000 |
| 35 | Purchase of Plant (Suspense) | ... | 50,000 |
580,000
OTHER STATE UNDERTAKINGS.
| 36 | State Quarries | 1,000 |
| 37 | State Hotels and Tourist Resorts | 15,000 |
| 38 | State Steamships | ... | 440,000 |
| 39 | Sawmills | 25,000 |
481,000
DISCOUNTS, ETC.
| 40 | Discounts and Flotation Expenses | 194.000 |
| GRAND TOTAL | ,910,000 |
SECOND SCHEDULE.
RE-APPROPRIATIONS FROM, REFERRED TO IN SECTION 6.
| Original | Amount on | Amount. Re- |
| /N.o. Appropriation | Work or Service to which originally | Original Loan 1, a proprfated |
| or Loan. | Appropriated. | Schedule. | under this |
| Act. | Act. |
| RAILWAYS. | s. d. | s. d. |
| 1 | 29 of 1924 | Busselton-Margaret River | ... | 12,000 | 0 | 0 | 1,182 | 1 | 2 |
| 2 | 33 of 1925 | Narembeen-Merredin | 4,501 | 0 | 0 I | 186 12 | 6 |
| 3 | 33 of 1925 | Piawaning-Northward | 16,000 0 0 I | 50 0 0 |
DEVELOPMENT OF AGRICULTURE.
| 4 | 53 of 1920 | I Agricultural Group Settlement | ... | 1,500,000 0 0 466,199 0 11 |
PUBLIC BUILDINGS, ETC.
| Urgent minor work throughout North-West | 15,000 | 0 | 0 | 11,595 14 11 |
| 3 | 29 of 1924 33 of 1925 1 |
1,547,501 0 0 1479,214 9
| 1927.] | Loan. | [No. 29. |
TH I 11.1) SCHEDULE.
RE-APPROPRIATION TO, REFERRED TO IN SECTION .
Amount Re-
| No. | Work or Service to which sum Appropriated. | appropriated |
| under this Act. |
| RAILWAYS, TRAMWAYS, ETC. | s. d. |
| 1 | Additions and Improvements to Opened Railways ... | 1,385 | 13 | 8 |
| Flinders Bay-Margaret River ... | 33 | 0 | 0 |
DEVELOPMENT OF AGRICULTURE.
| Agricultural Group Settlement and Migration | ... | 466.199 | 0 | 11 |
PUBLIC BtrILDINOS, ETC.
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
| 11,590 | 14 | 1, |
£479,214 9 6
0
0
0