Loan Act 1938 (WA)

No. 23.1 Loan. [1938.

LOAN.

2° and 3' GEO. VI., No. XXIII.

No. 23 of 1938.

AN ACT to authorise the raising of a sum of One million three hundred and ninety-six thousand pounds by Loan for the construction of certain Public Works and Other Services and the Re- appropriation of certain Loan moneys.

[Assented to 31st January, 1939.]

Preamble.

HEREAS it is expedient to authorise the raising,

by way of Loan, of certain sums of money

amounting in all to One million three hundred and

ninety-six thousand pounds for the several purposes

hereinafter mentioned, and the Re-appropriation of cer-

tain 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 assem-

bled, and by the authority of the same, as follows:-

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

Act, 1938.

Power to 2.

It shall be lawful for the Governor, from time to time, to raise by way of loan such several sums of money, not exceeding in the whole the sum of One million three hundred and ninety-six thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

raise money for certain purposes.

Sums raised,

how to be 3.

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 pur- poses set forth in this Act, in such amounts and manner

applied.

1938.j Loan. [No. 23.

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.

Principal. and

4.

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

interest

charged. on

Revenue.

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 Rev- enue Fund and Assets of the Government of Western Australia.

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 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. account.

It shall be lawful for the Governor to appropriate out of the sums set forth in the Second Schedule hereto,	tion from and
Re-app ro p ria-
to.
from the items therein set forth, and to the items en- numerated in the Third Schedule hereto, the sum of Ninety-seven thousand five hundred and twenty-four pounds three shillings and threepence to he expended on the works named in the Third Schedule hereto.

6.

No. 23.] Loan. [1938.

FIRST SCHEDULE.

Provision.

Item Work or Service.

O. Total of

Amount. Group.

RAILWAYS, ETC. £ £

1 Additions and Improvements to Opened Railways ... ... 200,000

2 Rolling Stock (excluding Tramways) ... ... ... ... 60,000

3 Electric Power Station, East Perth, and Electricity Supply 15,000

275,000

HARBOUR AND RIVER IMPROVEMENTS.

4 Fremantle Harbour Works ... ... ... ... 10,000

5 Improvements to Harbours and Rivers 30,000

40,000

WATER SUPPLY AND SEWERAGE.

6 Eastern Goldfields ... ... ... ... 5,000

7 Goldfields Water Supply ... ... 150,000

8 Metropolitan Water Supply ... ... ... ... 140,000

9 Murchison and Peak Hill Goldfields ... ... 5,000

10 Sewerage and Drainage for Perth and Fremantle ... ... 200,000

11 Water Supply for Towns generally ... ... ... ... 40,000

12

Water Supply in Agricultural and North-West Districts, in-

cluding Drainage and Irrigation, and Loans and Grants to

Local Authorities ... ... ... ... ... ... 250,000

790,000

DEVELOPMENT OF GOLDFIELDS AND MINERAL RESOURCES.

13       Development of Mining (including Prospecting and Mis-

cellaneous

14 Erection o f State Batteries and Provision of Treatment Plants 15,000

25,000

DEVELOPMENT OF AGRICULTURE.

15 Development of Agriculture ... ... ... ... ... 95,000

16 Pine Planting, Purchase of Land, and Forest Regeneration 50,000

145,000

ROADS AND BRIDGES, PUBLIC BUILDINGS, ETC.

17       Roads and Bridges throughout the State, including Feeders

to Railways and Grants to Local Authorities ... ... 65,000

18       Public Buildings, including Furniture and Equipment, New

Buildings

19 Native Cattle Stations—Improvements and Equipment ... 1,000

121,000

£1,396,000

1938.]	Loan.	[No. 23.
SECOND SCHEDULE.

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

Original

Amount on Amount Re-

Appropriation Work or Service to which origin ally . . appropriated

No. Original Loan

or Loan Appropriated. Schedule, under this

Act. Act.

£ s. d. £ s. d.

RAILWAYS.

1 58 of 1915 Land Resumption, Perth and Fre- mantle, for Expansion and Improve.

ments ... ... ... ... ... 25,000 0 0 17,946 9 4

2 24 of 1936 Cue-Big Bell ... ... ... ... 65,000 0 0 14,469 9 4

HARBOUR AND RIVER IMPROVEMENTS.

3 30 of 1935 Ashburton Jetty ... ... ... 30,000 0 0 6,458 15 9

4 53 of 1926 Esperance Harbour Works ... ... 10,000 0 0 1,023 3 9

5 50 of 1937 Roebourne District—Jetty and Har-

bour Facilities ... ... ... 30,000 0 0 20,000 0 0

DEVELOPMENT OF AGRICULTURE.

6 36 of 1928 Agricultural Immigration ... ... 10,000 0 0 5,324 9 4

SUNDRIES.

7 36 of 1928 Metropolitan Market Trust ... ... 100,000 0 0 1 8,647 17 1

30 of 1929 ... ... ... ... ... 10,000 0 0 f

8 36 of 1928 Purchase of Plant (Suspense) ... 85,000 0 0 19,000 0 0

9	36 of 1928	State Saw Mills	10,000 0 0 } 4,653 18 8
30 of 1929	...

£97,524 3 3

No. 23.] Loan. [1938.

THIRD SCHEDULE.

RE-APPROPRIATION TO, REFERRED TO IN SECTION 6.

Amount

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

RAILWAYS. s .d.

Additions and Improvements to Opened Railways 32,415 18 8

HARBOUR AND RIVER IMPROVEMENTS.

2 Improvements to Harbours and Rivers ... 27,481 19 6

DEVELOPMENT OF AGRICULTURE.

3	College of Agriculture ...	3,324 9 4
4	Development of Agriculture ...	2,000 0 0

PUBLIC BUILDINGS, ETC.

0 Public Buildings 10,000 0 0

SUNDRIES.

6	State Hotels and Tourist Resorts	9,000	0	0
7	State Steamships	8,647 17	1
Bulk Handling of Wheat—Provision of Facilities at Bunbury	4,653 18	8

£97,524 3 3