Loan Act 1940 (WA)

1940.1 Loan. (No. 44.

LOAN.

4° and 5° GEO. VI., No. XLIV.

No. 44 of 1940.

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

[Assented to 30th December, 1940.]

EREAS it is expedient to authorise the raising, by way of Loan, of certain sums of money amounting in all to One million seven hundred and thirty thousand pounds for the several purposes hereinafter mentioned, and the Reappropriation 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 :— Pros nit.

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

Jet, 1940.

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

time, to raise by way of loan such several sums of money, for	urpcoesretst
not exceeding in the whole the sum of One million

No. 44.] Loan. [1940.

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

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 as to moneys raised under items one to twenty- four inclusive, of the said Schedule shall be applied by the Treasurer to the purposes set forth in those respec- tive items, in conformity with the annual estimates of the expenditure of loan moneys sanctioned by Parliament, and as to moneys raised under item number twenty-five 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 by any warrant or warrants under his hand may from time to time authorise and direct.
applied.
interest

Principal and 4. The principal moneys, and interest thereon, raised

charge on under the authority of this Act shall rank purl passu d

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.

RentsPropria-

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 enumer- ated in the Third Schedule hereto, the sum of Five thousand five hundred and seventy-six pounds fourteen shillings and sixpence to be expended on the work named in the Third Schedule hereto.

tioa from and 6.

to.

1940.]	Loan.	[No. 44.
FIRST SCHEDULE.

Provision.

Item

Work or Service.

No. Total of

Amount. Group.

RAILWAYS, ETC. c

1	Electric Power Station, East Perth, and Electricity Supply	100,000
0	Tramways, Perth Electric (including rails and fastenings and
40,000

140,000

HARBOUR AND RIVER IMPROVEMENTS.

3       Additions and Improvements to Jetties, Tramways, and

Rolling Stock in the North-West 5,000

4 Fremantle Harbour Works ... 80,000

85,000

WATER SUPPLY AND SEWERAGE.

5	Goldfields Water Supply	100,000
6	Metropolitan Water Supply	140,000

Eastern Goldfields 5,000

8

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

cluding Drainage and Irrigation, and Loans and Grants to

Local Authorities ... 300,000

545,000

DEVELOPMENT OF GOLDFIELDS AND MINERAL RESOURCES.

9       Development of Mining (including Prospecting and Mis-

cellaneous 30,000

10 Purchase of Tailings-Suspense Account ... 11 ,000

41,000

DEVELOPMENT OF AGRICULTURE.

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

2,000

12 Development of Agriculture ... .. 120,000

13 Pine Planting, Purchase of Land, and Forest Regeneration 40,000

162,000

ROADS AND BRIDGES, PUBLIC BUILDINGS, ETC.

14       Roads and Bridges throughout the State, including Feeders

to Railways and Grants to Local Authorities ... 75,000

15	Native Hospitals, Depots, and Settlements	0,000
16	Native Cattle Stations-Improvements and Equipment ...	5,000
17	Public Buildings ...	50,000
18	Hospital Buildings and Equipment, including Grants to Hos-

pital Fund or for Hospital purposes .. 300.000

439,000

&MLR UNDERTAKINGS.

19	State Hotels and Tourist Resorts	25,000
20	State Steamships ...	1,000

21 Workers' Homes Board-Capital . 10,000

Bulk Handling of Wheat-Provision of Facilities at Bunbury 1,000

23       Bulk Handling of Wheat-Provision of Facilities at Fre-

... ... 4,000

24 State Gardens Board-Loan 5,000

46,000

1,458,000

25        Short term Advances to meet Expenditure, pending the receipt

272,000

£1,730,000

No. 441 Loan. (1940.

SECOND SCHEDULE.

RE 1PFROPRIATION FROM, REFERRED TO M SECTION 0.

Original Amount on Amount Re-

xo. Appropriation Work or Service to which ori g inally- Original Loan appropriated

or Loan Appropriated. under this

achedule.

Act. Act.

£ s. d. £ s. d.

HARBOUR AND RIVER IMPROVEMENTS.

1 50 of 1937 Roebourne District Jetty and Harbour

Facilities ... ... ... ... 30,000 0 0 5,576 14 (

THIRD SCHEDULE.

REAPPROPRIAT1ON TO, REFERRED TO IN SECTION 6.

Amount

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

£ s. d.

HARBOUR AND RIVER IMPROVEMENTS.

1 Fremantle Harbour Works ... 5,576 14 6