Loan Act 1939 (WA)

No. 30.] Loam. [1939.

LOAN.

3° and 4° GEO. VI., No. XXX.

No. 30 of 1939.

AN ACT to authorise the raising of a sum of Two million one hundred and thirty-seven thousand pounds by Loan for the construction of certain Public Works and Other Services and the Reappropriation of certain Loan moneys.

[Assented to 16th December, 1939.]

Preamble.

HEREAS it is expedient to authorise the raising,

by way of Loan, of certain sums of money

amounting in all to Two million one hundred and thirty-

seven thousand pounds for the several purposes herein-

after mentioned, and the Reappropriation of certain

Loan moneys: Be it enacted by the King's Most Excel-

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

Act, 1939.

Power to

raise money 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 Two million one

for certain

purposes.

1939.1 Loan. [No. 30.

hundred and thirty-seven thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

Sums raised,

All sums by this Act authorised to be raised shall be paid to the Treasurer, and shall be by him placed to	how to be
app/led.
the credit of an account, to be called the General Loan Fund, and as to moneys raised under items one to twenty-
five inclusive, of the said Schedule shall be applied by
the Treasurer to the purposes set forth in those respec- tive 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 esti- mates 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

3.

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

4.

The Governor may from time to time by warrant under Ids hand authorise the Treasurer to advance and	account.
Advances on
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 monays coming to his hands under the authority of this Act.

5.

6.    It shall be lawful for the Governor to appropriate Reappropria-

out of the sums set forth in the Second Schedule hereto, `.Dort from and

from the items therein set forth, and to the items

enumerated in the Third Schedule hereto, the sum of One

hundred and seventy-eight thousand and fifty pounds

sixteen shillings and eightpence to be expended on the

works named in the Third Schedule hereto.

No. 30.1 Loan. [1939.

FIRST SCHEDULE.

Provision.

Item

Work or Service.

No. Total of

Amount. Group.

RAILWAYS, ETC.

1	Additions and Improvements to Opened Railways ...	00,000
9	Rolling Stock (excluding Tramways) ...	50,000
3	Electric Power Station, East Perth, and Electricity Supply	00,000

170,000

HARBOUR AND RIVER IMPROVEMENTS.

Additions and Improvements to Jetties, Tramways, and

Rolling Stock in the North-West ... 10,000

5 Fremantle Harbour Works ... 25,000

6 Improvements to Harbours and Rivers 50,000

85,000'

WATER SUPPLY AND SEWERAGE.

Goldfields Water Supply 325,000

S Metropolitan Water Supply ... 200,000

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

10	Sewerage and Drainage for Perth and Fremantle ...	325,000
11	Water Supply for Towns generally	00,000
/2	Water Supply in Agricultural and North-West Districts, in- cluding Drainage and Irrigation, and Loans and Grants to
240,000

1,155,000

DEVELOPMENT or GOLDFIELDS AND MINERAL RESOURCES.

13       Development of Mining (including Prospecting and Mis-

cellaneous)60,000

14 Erection of State Batteries and Provision of Treatment Plants 3,000

63,000

DEVELOPMENT OF AGRICULTURE.

15       Abattoirs, Cold Storage, Export Depot, Grain Sheds, and

3,000

16	Development of Agriculture	50,000
17	Pine Planting, Purchase of Land, and Forest Regeneration	70,000

123,000

ROADS AND BRIDGES, PUBLIC BUILDINGS, ETC.

18       Roads and Bridges throughout the State, including Feeders

to Railways and Grants to Local Authorities ... ... 325,000

19   40,000

20	Native Hospitals, Depots, and Settlements ...	4,000
21	Native Cattle Stations-Improvements and Equipment ...	1,000

22 Bundilthp Farm Purchase ... 10,000

380,000

OTHER UNDERTAKINGS.

23 State Hotels and Tourist Resorts 5,000

24	State Quarries	...	3,000
25	State Steamships	3,000

11,000

1,987,060

26        Short term Advances to meet Expenditure, pending the receipt

150,000

£2,137,000

1939.] Loan. [No. 30.

'SECOND SCHEDULE.

REAPEROPRIATION FROM, REFERRED TO IN SECTION 6.

Original Amount Re-

A i n o i m t o n

Appropriation Work or Service to which originally appropriated

IlTU O ri g i n a 1 L oa n

or Loan Appropriated. under this

Schedule.

S h d le

Act. Act.

£ s. d. £ s. d.

RAILWAYS.

1 30 of 1929 Leighton-Robbs Jetty and Fremantle

Road and Railway Bridge ... 165,666 12 3 65,141 12 3

2 40 of 1933 Southern Cross Southwards ... ... 20,000 0 0 20,000 0 0

3 29 of 1924 Yarramony Eastwards ... ... 30,000 0 0 30,000 0 0

DEVELOPMENT OF AGRICULTURE.

4 40 of 1933 1 325,000 0 0

30 of 1935f A gricultural Bank—Working Capital { 9 909 4 -

50,000 0 0	1 6-'	°
£178,050 16	8

THIRD SCHEDULE.

REAPFROPR/ATION TO, REFERRED TO IN SECTION 6.

Amount

No. Work or Service to which now Appropriated. Reappropriated under this Act.

RAILWAYS. s. d.

Additions and Improvements to Opened Railways 115,141 12 3

DEVELOPMENT OF AGRICULTURE.

2 Development of Agriculture ... 62,909 4 5

£178,050 16 8