Loan Act 1932 (WA)

1932.] Loan. [No. 34.

LOAN.

23° GEO. V., No. XXIX IV.

No. 34 of 1932.

AN ACT to authorise the raising of a sum of Two million one hundred and seventy-six thousand pounds by Loan for the construction of certain Public Works and for Other Purposes.:

[Assented to 30th December, 1932.]

HEREAS it is expedient to authorise the raising, by Preamble.

way of Loan, of certain sums of money amounting in all to Two million one hundred and seventy-six thousand pounds for the several purposes hereinafter mentioned: 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 Mies

Act, 1932.

2. it shall be lawful -for the Governor, from time to time, Power to raise cart

to raise by way of loan such several sums of money not ex- pltnpel.o.

ceeding in the whole the sum of Two million one hundred and seventy-six thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

S. All sums by this Act authorised to be raised shall be sums raised, how to be applied.

paid to the Treasurer, and shall be by him placed to the credit of an account to be called the General Loan Fund, and as to moneys raised under items one to fourteen inclusive of the said schedule shall be applied by the Treasurer to the pur- poses set forth in those respective items, in such amounts and

No. 34.] Loan. [1932.

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, and as to moneys raised under item number fifteen of the said schedule, shall be applied by the Treasurer to the purpose specified in that item, in such amounts and manner as the Governor may by any such war- rant or warrants from time to time authorise and direct.

Principal and

interest charged 4.

The principal moneys, and interest thereon, raised under the authority of this Act shall rank pan passe 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.

on revenue.

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 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 Ins hands under the authority of this Act.

account.

Re•aPProPriation

from and to. 6. 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 enumerated in the Third Schedule hereto, the sum of One hundred and forty- nine thousand one hundred and forty-five pounds four shillings and sevenpence to be expended on the works named in the Third Schedule hereto.

1932.1 Loan. [No. 34.

FIRST SCHEDULE.

Provision.

Item

No. Work or Purpose. Total of

Amount. Groups

A DP ES ISTII. 10

Departmental • • • • • • • • • 45,000

/1 A ILD AV TI; AMD AYS ETC.

2	Lake Grace-Ea /tea rin	25,000
3	Tramways—Perth-Elech i
Tramways—Perth—Elect	5,000

30,000

Announs AND RIVERS

4	Fremantle Harbour Works	20,000
Geraldton Malheur Work,	45 000

05,000

W44 ER Se ['PLY AND SEW ER ACE.

Water Supply for Towns generally ... ... 25,000

Sewerage and Drainage—Perth and Fremantle 125,000

S Metropolitan Water Supply ... ... ... ... ... 80,000

0 Goldfields Water Supply ... ... ... ... ... ••• 90.000

19       Water Supply in Agricultural Districts (including Drainage

500.000

820,000

I) EV ELOPM ENT OF GOLDFIELDS AND MINERAL RESOUCCES

11        Development of Mining (including Boring for Minerals, and Mis-

cellaneous and Prospecting) ... 20,000

12 Erection of Stale Batteries 3,000

23,000.

DEVELOPMENT OP AGP.ICULTURE.

13       Abattoirs, Cold Storage, Freezing, Chilling and Canning Works,

Wyndham ; Refrigerating Works, Export Depot, Grain

Sheds and Sale Yards (including Land Resumpticms and

original equipment, Furniture, etc.) ... 5,000

14 Pine Planting—Purchase of Land, Forests Regeneration ... 100,000

105,000

1,088,000

15       Short Term Advances to meet Ex/ emlitme pending the receipt

1,073,000

1)18001:NT$, ETC

16 Discounts and Flotation Expenses 15,000

£2,176,000

No. 34.] Loan. [1932.

SECOND SCHEDULE.

RE-APPROPRIATIONS PROM, REFERRED TO IN SECTION 6.

Original Amount Re-

No. Appropriation Work or Service to which original/ Amount on appropriated

or Loan. Appropriated. Original Loan under this

Act. Schedule. Act.

RAILWAYS. £ s. d. s. d.

1 48 of 1930 Kulja, Eastwards 130,000 0 0 20,986 3 3

2 48 of 1930... Rails and Fastenings (excluding Tramways) 150,000 0 0 84,376 17 6

3	29 of 1927 ...	Water Supplies, New Lines ...	50,000 0 0	43,782 3 10
330,000 0 0	140,145 4 7

THIRD SCHEDULE.

RE-APPROPRIATIONS TO, REFERRED TO TN SECTION 6.

Amount Re.

No. Work or Service to which Sum Appropriated. appropriated under this Act.

RAILWAYS, TRA3IWAYS, ETC. s. d.

1 Additions and Improvements to Opened Railways 39,145 4 7

2	Bridgetown-Jarnadup Extension	...	50.000 0	0
3	Meekatharra-Wiluna	60,000 0 0

Total ... 149,145 4 7