Loan Act 1929 (WA)

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No. 30.]

Loan.

[1929.

LOAN.

20° GEO. V., No. XXVIII.

No. 30 of 1929.

AN ACT to authorise the raising of a sum of Two million two hundred and fifty 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, 1929.]

Preamble.

HEREAS it is expedient to authorise the raising, by

way of Loan, of certain sums of money amounting

in all to Two million two hundred and fifty 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:--

Short title.

1. This Act may be cited for all purposes as the Loan

Act, 1929.

Power to rain,

money for ce

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

purposes.

to raise by way of loan such several sums of money not ex- ceeding in the whole the sum of Two million two hundred and fifty thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

1929.]

Loan.

[No. 30.

3.    All sums by this Act authorised to be raised shall be tn: arapit,silit!'"

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 ex- penditure of Loan moneys sanctioned by Parliament.

4.

The principal moneys, and interest thereon, raised Egreldel[d

a.,,ed

under the authority of this Act shall rank pan passe with °° nev°""

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.

5.

The Governor may, from time to time, by warrant d $'awas

account.

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 author- ised 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.

of the sum set forth in the Second Schedule hereto, from the from and to.

6.

It shall be lawful for the Governor to appropriate out It a-appropriations

items therein set forth, and to the items enumerated in the Third Schedule hereto, the sum of Five hundred and thirty- eight thousand one hundred and thirty-nine pounds six shillings and elevenpence to be expended on the works named in the Third Schedule hereto.

[1929_

No. 30.]

Loan.

FIRST SCHEDULE.

Pros ision.

Item

No.

Work or Service.

Total of

Amount.

Group

ADMINISTRATION.

1

Departmental

• ■•

• • •

•• •

• • .

185,000

RAILWAYS, TRAMWAYS, ETC.

2

Additions and Improvements to Opened Railways

100,000

3

Lake Grace-Karlgarin

50,000

4

Surveys, New Lines

10,000

5

Bridgetown-Jarnadup Extension ...

100,000

6

Rails and Fastenings

...

100,000 100,000

7

Rolling Stock

8

Electric Power Station, East Perth

25,000

9

Meekatharra-Wiluna

200,000

685,000

HARBOURS AND RIVERS.

10

Fremantle Harbour Works

100,000

11

Goraldton Harbour Works

50,000 10,000

12

Dredges and Barges

160,000

WATER SUPPLY AND SEWERAGE.

13

Water Supply on Stock Routes ...

15,000

14

Metropolitan Water Supply

150,000

15

Sewerage and Drainage—Perth and Fremantle

50,000

16

Water Supply in. Agricultural and North-West Districts (in-

cluding Drainage and Irrigation)

...

120,000

335,000'

DEVELOPMENT OF GOLDFIELDS AND MINERAL RESOURCES.

17       Development of Mining (including Boring for Coal and 'Miscel-

laneous and Prospecting)

70,000

70,00U

DEVELOPMENT OF AGRICULTURE.

18

Agricultural Bank—Working Capital ...

600,000

19

Development of Agriculture

...

30,000

20

Pine Planting and Purchase of Land ...

10,000

21

Assistance to Settlers, Industries, etc. ...

80,000

720,000

DISCOUNTS, ETC.

95,000

22       Discounts and Flotation Expenses

GRAND TOTAL

2,250,000

1929.]

Loan.

[No. 30.

SECOND SCHEDULE.

RE-APPROPRIATION FROM, REFERRED TO IN SECTION 6.

Original

Amount on

Amount Re-

Appropriation

Work or Service to which originally

Original Loan

appropi iated

No.

or Loan

Appropriated.

Schedule.

under this

Act.

Act.

RAILWAYS.

£

s. cl.

£

s. d.

33 of 1925

Lake Grace-Newdegato

21,000

0

1,096

2 10

2

53 of 1926

Dwarda Eastwards

23,000

0

37 11

2

3

33 of 1925

Minder's Bay-Margaret River Improvements

4,500

0

100 11

2

4

53 of 1926

Jarnadup-Pemberton

40,000

0

93 19

8

5

:53 of 1926

Norseman-Salmon Gums

...

125,000 0

490 7 9

6

47 of 1923

Perth-Fremantle Deviation

72,743 19

72,465 16

8

DEVELOPMENT OF AGRICULTURE.

7       53 of 1926-1

29 of 1927

Purchase of Wire Netting for Settlers

306,654

2

1

306,654

2

1

36 of 1928)

ROADS AND BRIDGES.

58 of 1915

Fremantle Road and Railway Bridge

100,000

0

0

93,200 15

7

9

29 of 1927

Canning Road, Reconstruction

...

80,000

0

0

15,000

0

0

OTHER UNDERTAKINGS.

10

35 of 1920

Wyndham Freezing Works (Working Capital)

100,000 0 0

49,000 0 0

Total ...

£ 872,898 1 7 538,139 6 11

THIRD SCHEDULE.

RE-APPROPRIATION TO, REFERRED TO IN SECTION 6.

Amount Re-

No.

Work or Service to which sum Appropriated.

appropriated

under this Act.

ADMINISTRATION.

s. cl.

1

Departmental

...

15,000 0 0

RAILWAYS.

2

1,818 12

7

3

Leighton-Roblgs Jetty Railway, and Fremantle Road and Railway Bridge

165,666 12

3

DEVELOPMENT OF AGRICULTURE.

4

Abattoirs, Cold Storage, Export Depot, Grain Sheds, and Salo Yards, etc.

20,000

0

0

5

Agricultural Bank—Working Capital

306,654

2

1

OTHER UNDERTAKINGS.

6

State Brie kyards

5,000 0 0

7

Metropolitan Starket Trust

...

10,000

0

0

8

Pardelup Prison Farm ...

1,000 0 0

9

10,000 0 0

10

3,000 0 0

Total

£538,139

6 11

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Loan Act 1929 (WA)

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