Loan Act 1934 (WA)

1934.] Loan. [No. 25

LOAN.

25° GEO. V., No. XXIV.

No. 25 of 1934.

AN ACT to authorise the raising of a sum of Three million nine hundred and thirty-eight thousand pounds by Loan for the construction of certain Public Works and Other Services and the Re-appropriation of certain Loan moneys, and to ratify the Appropriation of certain moneys authorised to be raised by Act No. 40 of 1933.

[Assented to 28th December. 1934.]

ITEREAS it is expedient to authorise the raising, by way of Loan, of certain sums of money amounting in all to Three million nine hundred and thirty-eight 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:- Preamble.

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

Act, 1934.

It shall be lawful for the Governor, from time to time, to raise by way of loan such several sums of money, not ex-	Power to raise money for eer-
tain purposes.
ceeding in the whole the sum of Three million nine hundred and thirty-eight thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

2.

3. All sums by this Act authorised to be raised shall be Sums raised, hoe 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

No. 25.] Loan. [1934.

moneys raised under items one to twenty-five 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 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 twenty-six 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 warrant or warrants from time to time authorise and direct.

Principal and

Interest charged 4.

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.

on Revenue.	under the authority of this Act shall rank pari, passes with
Advances on

account. 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 First 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.

from and to. 6.

Re-appropriation

It shall be lawful for the Governor to appropriate out of the sum set forth in the Second Schedule hereto, from the item therein set forth, and to the item enumerated in the Third Schedule hereto, the sum of Thirty-nine thousand two hundred and thirty-one pounds three shillings and sevenpence to be expended on the works named in the Third Schedule hereto.

appropriation of	7.	It is hereby declared that the sum of Fifteen thousand
£15,000 author-

Ratifying the

ised to be bor-	pounds, which was included in the total sum of Three million
specifically in-
rowed but not	nine hundred and forty-six thousand pounds authorised to be
cluded in the	borrowed by Act No. 40 of 1933, but which first-mentioned
tat Sched. of
No. 40 of 1933.	sum was not specifically included in the items in the First Schedule to that Act, was borrowed for the purposes set forth in item number twenty-four of the First Schedule to this Act, and the provisions of the first-mentioned Act, as from the date of its commencement, apply to that item.

1934. ] Loan. [No. 25.

FIRST SCHEDULE.

Provision.

Item

No. Work or Service.

Total of

Amount. Group.

ADMINISTRATION.

1 Departmental 00,000

RAILWAYS, TRAMWAYS, ETC.

2 Additions and Improvements to Opened Railways ... 300,000

3 Electric Power Station, East Perth ... 350,000

650,000

HARBOURS AND RIVERS.

4	Bunbury Harbour Works ...	30,000
5	Fremantle Harbour Works	70,000

6 Geraldton Harbour Works •-• ••• 55,000

7 Improvements to Harbours and Rivers 30,000

S Ashburton Jetty ... 30,000

215,000

WATER SUPPLY AND SEWERAGE.

0	Boring for Water along Stock Routes, etc.	2,500
10	8,000

11	Goldfields Water Supply	...	325,000
12	Metropolitan Water Supply	435,000

13	Sewerage and Drainage for Perth and Fremantle	...	650,000
14	Water Supply for Towns generally	40,000

15       Water Supply, in Agricultural Districts (including Drainage

and Irrigation) 100,000

16 Murchison and Peak Hill Goldfields ... .. 2,500

1,563,000

DEVELOPMENT OF GOLDFIELDS AND MINER AL RESOURCES.

17        Development of Mining (including Boring for Minerals and

Miscellaneous and Prospecting) 20,000

18 Erection of State Batteries and Provision of Treatment Plants ... 10,000

30,000

DEVELOPMENT OF Aourcurrunn.

10        Abattoirs, Cold Storage, Freezing, Chilling, and Canning Works.

Wyndham ; Refrigerating Works, Export Depot, Grain

Sheds, and Sales Yards ... 10,000

20 Agricultural Group Settlement and Migration ... 35,000

21 Development of Agriculture ... 175,000

22 Pine Planting—Purchase of Land, Forests Regeneration ... 145,000

366,000

ROADS AND BRIDGES, PUBLIC BUILDINGS. DM

23        Roads and Bridges throughout the State, including Feeders to

Railways and Grants to Local Authorities ... 225,000

24 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., and to Workers' Homes Board for re-advancement for additions and renovations to private property 25,000

250,000

Carried forward ... 3,163,000

No. 25.] Loan. [1934.

FIRST SCHEDULE—continued

Provision.

Item

No. Work or Service.

Total of

Amount. Group.

£

Brought forward 3,163,000

OTHER STATE UNDERTAKINGS.

25 Workers' Homes Board—Working Capital ... 25,000 3,188,000

20       Short term Advances to meet Expenditure, pending the receipt

750,000

£3,938,000

SECOND SCHEDULE.

Rc-APPROPRIATION FROM, REFERRED TO IN SECTION 6.

Original

Amount on Amount Re-

Appropriation Work or Service to which originally appropriated

No. Original Loan

or Loan Appropriated. Schedule. under this

Act. Act.

£ s. d. s. d.

HARBOURS AND RIVERS.

30 of 1928 Point Phillip Jetty, King Bay, Roebourne

40,000 0 0 39,231 3 7

THIRD SCHEDULE.

RE-APPROPRIATION TO, REFERRED TO IN SECT/ON 6.

Amount

No. Work or Service to which now appropriated. re-appropriated under this Act

s. 4,

HARBOURS AND RIVERS.

1 Roebourne District, Jetty and Harbour Facilities 39 , 231 3 7