Loan Act 1946 (WA)

No. 36.] Loan. [1946.

LOAN.

10° and 11° GEO. VI., No. XXXVI.

No. 36 of 1946.

AN ACT to authorise the raising of a sum of Five million and fifty thousand pounds by Loan for the construction of certain Public Works and Other Services, anti the re-appropriation of certain Loan moneys.

[Assented to 24th January, 1947.]

Preamble-

HEREAS it is expedient to authorise the raising, by

way of Loan, of certain sums of money amounting in

all to Five million and fifty 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 pre-

sent Parliament assembled, and by the authority of the

same, as follows:—

Short title.

1. This Act may be cited for all purposes as the Loan Act, 1946.

Power to

2. It shall be lawful for the Governor, from time to not exceeding in the whole the sum of Five million and fifty thousand pounds, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

raise money

for certain

time, to raise by way of loan such several sums of money,

purposes.

1946.] Loan. [No. 36.

All sums by this Act authorised to be raised shall be paid to the Treasurer, and shall be by him placed to	Sums raised,
how to bit
applied.
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 the said Schedule in conformity with the annual estimates of the expenditure of loan moneys sanctioned by Parliament.

3.

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

5. ,;(taire nte.s

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 coining to his hands under the authority of this Act.

Ito-anprnpria-

6.

It shall be lawful for the Governor to appropriate out of the sums 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 Three hundred and ninety thousand three hundred and fifty-four pounds eighteen shillings to be expended on the works named in the Third Schedule hereto.

tion front and

to.

No. 36.] Loan. [1946.

FIRST SCHEDULE.

Provision.

Item

No. Work or Service.

Total of

Amount. Group.

RAILWAYS AND TRAMWAYS. £ £

1	Additions and Improvements to Opened Railways ...	...	750,000
3	Tramways—Perth Electric (including Rails and Fastenings

and Rolling Stock) ... ... ... ... ... ... 100,000

1,250,000

ELECTRICITY SUPPLY.

4 Metropolitan Power Scheme (previously Electric Power

Stations and Electricity Supply) ... ... ... ... 600,000

5 South-West Power Scheme ... ... ... ... ... 350,000

6     State Electicity Commission, Head Office—Furniture and

2,000

952,000

HARBOURS AND RIVERS.

7     Additions and Improvements to Jetties, Tramways and

Rolling Stock in the North-West ... ... ... ... :30,000

8 Fremantle Harbour Works ... ... ... ... ... 70,000

9 Improvements to Harhoms and Rivers ... ... 20,000

120,000

WATER SUPPLY.

10	Water Supply for Towns Generally	...	...	...	60,000
11	Water Supply on Stock Routes, etc	...	...	...	5,000

12 Sewerage and Drainage for Perth and Fremantle ... ... 250,000

13	Sewerage for Country Towns	...	...	...	...	...	30,000
14	Metropolitan Water Supply	...	...	...	...	...	400,000
15	Goldfields Water Supply

16     Water Supply in Agricultural and North-West Districts

(including Drainage and Irrigation)... ... ... ... 650,000

17      Eastern Goldfields

18 Murchison and Peak Hill Goldfields ... ... ... ... 1,000

1,681,000

DEVELOPMENT OF GOLDFIELDS AND MINERAL RESOURCES.

19     Development of Mining (including boring for Coal and Mis-

cellaneous

20 Erection of State Batteries and Provision of Treatment Plants 45,000

21	Purchase of Tailings—Suspense ...	...	...	...	...	8,000
22	Charcoal-Iron Production
23	The State (W.A.) Alunite Industry	...	...	...	...	40,000

343,000

DEVELOPMENT OF AGRICULTURE, ETC.

24     Abattoirs, Cold Storage, Export Depot, Grain Sheds and Sale

1946.] Loan. [No. 36.

FIRST SCHEDULE—continued.

Provision.

Item

No. Work or Service.

Total of

Amount Group.

Brought forward ... 4,421,000

PUBLIC BUILDINGS, ETC.

26      Hospital Buildings and Equipment (including Grants to Hos-

pital Fund or for Hospital purposes ... 500,000

27 Native Cattle Stations, Improvements and Equipment ... 15,000

515,000

OTHER STATE UNDERTAKINGS.

28 State Hotels and Tourist Resorts ... 4,000

29 Purchase of Plant (Suspense) ... 60,000

30 Welshpool Industries ... 50,000

114,000

Total	...	£5,050,000
SECOND SCHEDULE.

RE.APPROEIIIATION FROM, REFERRED TO IN SECTION 6.

Original Amount Re-

No. Appropriation Work or Service to which originally Amount on appropriated

or Loan Appropriated. Original under this

Act. Schedule. Act.

£ s. d. £ S. (1.

OTHER STATE UNDERTAKINGS.

1 30 of 1939 State Quarries ... ... ... ... 3,000 0 0 354 18 0

2 40 of 1941 Post War Reconstruction ... ... 10,000 0 0 10,000 0 0

3 32 of 1944 Workers' Homes Board—War Housing 500,000 0 0 380,000 0 0

£390,354 18 0

THIRD SCHEDULE.

RE-APPROPRIATION TO, REFERRED TO IN SECTION 6.

Amount.

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

PUBLIC BUILDINGS, ETC. £ s. d.

1 Public Buildings, including Furniture and Equipment New Buildings 320,000 0 0

OTHER STATE UNDERTAKINGS.

2 Bulk Handling of Wheat—Provision of Facilities at Bunbury 354 18 0

3 Bulk Handling of Wheat—Provision of Facilities at Fremantle	25,000 0 0
4 West Australian Meat Export Works	35,000 0 0