Loan Act 1929 (Cth)

 

LOAN.

 

No. 33 of 1929.

An Act to authorize the Raising and Expending of certain Sums of Money.

[Assented to 17th December, 1929.]

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 1929.

Authority to borrow £6,300,000.

2. The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911-1927, or under the

 

provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Six million three hundred thousand pounds.

Purpose for which money may be borrowed.

3. The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes of appropriations made or to be made by law.

Issue and application of £6,045,795.

4. There may be issued and applied out of the proceeds of any Loan raised under the authority of any Loan Act, including the present Act, the sum of Six million and forty-five thousand seven hundred and ninety-five pounds for the purposes set forth in the Schedule to this Act.

Unexpended Appropriations lapse.

5. Where on the thirtieth day of June One thousand nine hundred and twenty-nine there remained unexpended any moneys appropriated by the Loan Act (No. 1) 1928 and Loan Act (No. 2) 1928, the appropriation of the moneys so remaining unexpended shall be deemed to have lapsed on that date:

Provided that any moneys appropriated by the Loan Act (No. 2)1928 for the purposes of loan to the Federal Capital Commission and remaining unexpended on the thirtieth day of June One thousand nine hundred and twenty-nine shall not lapse on that date.

 

SCHEDULE.

—

ABSTRACT.

£
WAR AND REPATRIATION SERVICES........................................................	1,035,000
THE PRIME MINISTER’S DEPARTMENT.....................................................	115,000
THE DEPARTMENT OF THE TREASURY.....................................................	616,000
THE DEPARTMENT OF HOME AFFAIRS.....................................................	8,500
THE DEPARTMENT OF DEFENCE...............................................................	246,500
THE DEPARTMENT OF TRADE AND CUSTOMS.........................................	27,345
THE DEPARTMENT OF WORKS...................................................................	245,000
THE POSTMASTER-GENERAL’S DEPARTMENT........................................	2,800,000
THE DEPARTMENT OF HEALTH.................................................................	15,000
THE DEPARTMENT OF MARKETS AND TRANSPORT...............................	430,000
FEDERAL CAPITAL COMMISSION..............................................................	384,500
NORTH AUSTRALIA COMMISSION............................................................	122,100
REDEMPTIONS—
NORTHERN TERRITORY.........................................................................	850
Total............................................................	6,045,795

 

Schedule—continued.
Appropriated by this Act
WAR AND REPATRIATION SERVICES.
£
Under Control of Department of Health.
Repatriation Commission.
Soldiers’ Mental Hospital, Bundoora, Victoria....................................................	24,000
Soldiers’ Mental Hospital, West Subiaco, Western Australia—Additions and equipment	6,800
General Hospital, New South Wales—Additional accommodation.......................	4,200
Under Control of Department of Markets and Transport.
Expenditure under War Service Homes Act 1918-1925 (to be paid to credit of Trust Fund, War Service Homes Account)..............................................................................	1,000,000
Total War and Repatriation Services...........................................	1,035,000
_______
THE PRIME MINISTER’S DEPARTMENT.
Under Control of Department of the Treasury.
Loan to Papua for Public Works.........................................................................	15,000
Under Control of Development and Migration Commission.
Immigration—Advances of passage money, landing money, and medical fees of assisted immigrants...................................................................................................	100,000
Total Prime Minister’s Department.............................................	115,000
______
DEPARTMENT OF THE TREASURY.
Under Control of Department of the Treasury.
Grafton to South Brisbane Railway....................................................................	616,000
_______
THE DEPARTMENT OF HOME AFFAIRS.
Under Control of Department of Home Affairs.
Parliament House, Canberra (to be paid to Federal Capital Commission)............	5,500
Under Control of Department of Works
Properties and sites for Department of Home Affairs.........................................	3,000
Total Department or Home Affairs..........................................	8,500

 

Schedule—continued.

Appropriated by this Act.
THE DEPARTMENT OF DEFENCE.
£
Under Control of Department of Defence.
Balance of subsidy to State of New South Wales towards construction of a floating dock at Walsh Island..........................................................................................	67,500
Machinery and plant for manufacture of munitions not now produced in Australia—towards cost.............................................................................................................	38,347
Acquisition of Small Arms Factory, Footscray—Instalments............................	19,153
Under Control of Department of Works.
Naval bases, works and establishments—towards cost...................................	28,200
Construction of drill halls, mobilization stores, ordnance stores, rifle ranges, fortifications, barracks, and other accommodation and engineering works—towards cost.	22,000
Towards cost of construction of buildings, hangars, workshops, barracks and earthworks, and preparation of aerial routes and landing grounds—
Royal Australian Air Force......................................................................	38,250
Towards cost of construction of buildings and works generally in connexion with new munitions production..............................................................................	31,300
Purchase of properties and sites:—
Military...............................................................................................	1,000
Royal Australian Air ...........................................................................	750
Total Department of Defence................................................	246,500
______
THE DEPARTMENT OF TRADE AND CUSTOMS.
Under Control of Department of Trade and Customs.
New lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for lightships...........................................................................	16,970
Alterations of lighthouse services ................................................................	7,530
Establishing means of communication..........................................................	2,000
Under Control of Department of Works.
Acquisition of land for Trade and Customs purposes......................................	845
Total Department of Trade and Customs.............................	27,345
______
THE DEPARTMENT OF WORKS.
Under Control of the Department of Works
Expenditure under River Murray Waters Act 1915-23....................................	225,000
Commonwealth Offices, Brisbane(including demolition and re-erection elsewhere of Miniature Rifle Range already on site)—towards cost	20,000
Total Department of Works...................................................	245,000

 

Schedule—continued.

Appropriated by this Act.
THE POSTMASTER-GENERAL’S DEPARTMENT.
£
Under Control of the Postmaster-General’s Department and the Department of Works.
Construction and extension of telegraphs and telephones; construction of conduits and laying wires underground; provision of radio stations and equipment; subscription to Capital of Amalgamated Wireless Limited; land for post and telegraph purposes; also Buildings for the Postmaster-General’s Department as set out hereunder:—	2,800,000
Buildings For Postmaster-General’s Department.
New South Wales.
Additions and Alterations.—Armidale, Chatswood, Condobolin, Cootamundra, Kensington, Kogarah, Manly, Moss Vale, Moulamein, North Strathfield, Nyngan, Parramatta, Petersham, Pymble, Queanbeyan, Redfern, Scone, South Grafton, Sydney—City North, Sydney General Post Office, Sydney Parcels Post, Building, Vaucluse, West Maitland.
New Buildings.—Arncliffe, Balgowlah, Broadcasting Stations (2) Bur-wood, Central Conoord, Dubbo, Eastlake, Edgecliff, Gosford, Griffith, Hamilton, Hurstville, Maroubra, Mudgee, Newtown, North Sydney, Ourimbah, Pooncarie, Punchbowl, Sydenham, Terrigal, Tullamore, Wahroonga, West Wyalong, Wickham, Yenda.
Sundry Offices.—For works costing not more than £300 in each case.
Victoria.
Additions and Alterations.—Ararat, Bendigo, Birregurra, Camperdown, Canterbury, Charlton, Chiltern, Collingwood, Dandenong, Donald, Geelong, Hopetoun, Kyneton, Leongatha, Linton, Maffra, Malvern, Melbourne—General Post Office, Murtoa, Penshurst, Portland, Pyramid Hill, Sandringham, Sea Lake, Shepparton, South Melbourne, Swan Hill, Warragul, Warrnambool, Wycheproof.
New Buildings.—Balwyn, Bentleigh, Box Hill, Brunswick, Glen Iris, Hawthorn, Heidelberg, Ivanhoe, Malvern East, Melbourne—Telegraph and Telephone Workshops, Melbourne—Central Telephone Exchange, Melbourne—Electric Telegraph Office and Commonwealth Offices, Mildura, Oakleigh, Quambatook, St. Arnaud, Warrnambool, Stations (2) for terminals of Victoria-Tasmania radio telephone link.
Sundry Offices.—For works costing not more than £300 in each case..................
Queensland.
Additions and Alterations.—Cairns, Dirrinbandi, Emerald, Greenmount, Kingaroy, Mareeba, Rockhampton.
New Buildings.—Brisbane—Central Telephone Exchange, Brisbane—Garage, Broadcasting Stations, Cloncurry, Cooparoo, Hughenden, Isisford, Muttaburra, South Brisbane, South Johnstone, Toowong, Tully, Winton.
Sundry Offices.—For works costing not more than £300 in each case.
Carried forward...........................................................................	2,800,000

 

Schedule—continued.

Appropriated by this Act
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£
Brought forward........................................................................	2,800,000
Buildings for Postmaster-General’s Department—continued.
South Australia.
Additions and Alterations.—Adelaide General Post Office, Adelaide—West Terrace—Stores and Garage, Kingston. Largs Bay, Meningie, Norwood, Port Lincoln, Unley, Yorketown.
New Buildings.—Broadcasting Station, Gladstone, Minnipa, Mount Gambier, Peterborough, Pinnaroo, Port Adelaide, Semaphore, Tarcoola, West Adelaide.
Sundry Offices.—For works costing not more than £300 in each case.
Western Australia.
Additions and Alterations.—Geraldton, Kellerberrin, Kojonup, Mnllewa, Perth—Telephone Exchange, Perth—Stores, Southern Cross, Wyalkatchem. New Buildings.—Cottesloe, Maylands, Merredin, Nungarin, Perth, Rawlinna, Victoria Park, Wyalkatchem. Sundry Offices.—For works costing not more than £300 in each Case.
Tasmania.
Additions and Alterations.—Geeveston, Launceston, Queenstown, Sheffield. New Buildings.—Broadcasting Station, Hobart, Launceston, Newtown, Stations (2) (or terminals of Victoria-Tasmania radio telephone link. Sundry Offices.—For works costing not more than £300 in each case.
______
Sundry new buildings and alterations to buildings in the various States to provide accommodation for carrier wave, voice frequency repeater, or associated apparatus.
Total Postmaster-General’s Department...............................	2,800,000
______
THE DEPARTMENT OF HEALTH.
Under Control of Department of Works.
Serum and Health Laboratories.........................................................................	14,000
Acquisition of properties and sites.....................................................................	1,000
Total Department of Health.....................................................	15,000

 

Schedule—continued.

Appropriated by this Act.
THE DEPARTMENT OF MARKETS AND TRANSPORT.	£
Under Control of Department of Markets and Transport.
Advances to States and to North Australia and Central Australia for purchase of wire and wire netting (to be paid to credit of Trust Fund Wire and Wire Netting Account)....	100,000
Commonwealth Railways.
Trans-Australian Railway.................................................................................	100,000
North Australia Railway—minor capital works..................................................	5,000
Central Australia Railway.................................................................................	64.000
Federal Territory Railway.................................................................................	1,000
Provision for construction of new railways under the Northern Territory Railway Extension Act 1923, the Oodnadatia to Alice Springs Railway Act 1926, and rolling-stock, and the Railways (South Australia) Agreement Act 1926 (on account of £4,689,260).................	160,000
Total Department of Markets and Transport.......................	430,000
______
LOAN TO FEDERAL CAPITAL COMMISSION.............................................	384,500
______
LOAN TO NORTH AUSTRALIA COMMISSION............................................	122.100
______
REDEMPTIONS.
Redemption of loans raised by State of South Australia in respect of Northern Territory	850
Total........................................................................................	6,045,795