Loan Act 1951 (WA)

1951.] Loan. [No. 62.

LOAN.

15° and 16° Geo. VI., No. LXII.

No. 62 of 1951.

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

[Assented to 7th January, 1952.]

WHEREAS it is expedient to authorise the raising, Preamble.

by way of Loan of certain sums of money amounting in all to Twelve million five hundred and thirty-five thousand pounds for the several purposes hereinafter mentioned: Be it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of Western Australia in this present Parliament assembled, and by the authority of the same, as follows:—

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

Loan Act, 1951.

No. 62.] Loan. [1951.

Power to

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

raise money 2.

for certain

purposes.

Sums raised,

how to be

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 purposes set forth in the said Schedule in conformity with the annual estimates of the expenditure of loan moneys sanctioned by Parliament.

applied. 3.

Principal and

interest 4.

The principal moneys, and interest thereon, pan passe with the principal moneys and interest

charged on

Revenue.	raised under the authority of this Act shall rank
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.

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.

Re-aPPro

-Priation from 6. It shall be lawful for the Governor to

and to. appropriate out of the sum set forth in the Second Schedule hereto, from the item therein set forth, and to the items enumerated in the Third Schedule hereto, the sum of Nine hundred and thirty-six thousand five hundred and sixty-two pounds thir- teen shillings and one penny to be expended on the works named in the Third Schedule hereto.

1951.	]	Loan.	[No. 62.
FIRST SCHEDULE

Provision.

Item

No. Work or Service.

Total of

Amount. Group.

RAILWAYS AND TRAMWAYS.

1 Additions and Improvements to Opened Railways 1,500,000

2 Rolling Stock 600,000

3 Land Resumption for New Lines .... 20,000

4       Bassendean Marshalling Yards, including Land

Resumptions 100,000

Muja-Centaur Coal Mine 40,000

6 Collie-Cardiff—Western No. 2 Coal Mine 25,000

2,285,000

ELECTRICITY AND GAS SUPPLY.

7 Metropolitan Power Scheme and Gas Supply ... 2,700,000

8	South-West Power Scheme	750,000
9	Electricity Frequency Change 40-50 Cycle	100,000

3,550,000

HARBOUR AND RIVER IMPROVEMENTS.

10 Albany Harbour Works 350,000

11	Bunbury Harbour Works	....	150,000
12	Busselton Jetty Improvements	10,000
13	Fremantle Harbour Works	....	650,000

1,160,000

WATER SUPPLY AND SEWERAGE.

14	Water Supply for Towns Generally	....	400,000
15	Water Supplies on Stock Routes	....	10,000

16	Sewerage and Drainage, Perth and Fremantle	300,000
17	Sewerage for Country Towns	100,000

18	Metropolitan Water Supply	1,100,000
19	Drainage and Irrigation	400,000
20	Murchison and Peak Hill Goldfields	10,000

2,320,000

DEVELOPMENT OF GOLDFIELDS AND MINERAL

RESOURCES.

21	Development of Mining ....	400,000
22	Charcoal-Iron Production	300,000

700,000

DEVELOPMENT OF AGRICULTURE.

23       Abattoirs, Cold Storage, Export Depot, Grain

Sheds and Sale Yards, etc. .... 60,000

Pine Planting, Purchase of Land and Forest

300,000

360,000

PUBLIC BUILDINGS, ETC.

25	Public Buildings ....	1,000,000
26	Housing for Public Works Department Em-

.... 60,000

1,050,000

No. 62.] Loan. [1951.

FIRST SCHEDULE—continued.

Provision.

Item

No. Work or Service.

Total of

Amount. Group.

OTHER STATE UNDERTAKINGS.

27 Advances to State Housing Commission for re- establishment of persons dispossessed of their homes owing to resumption of land for public purposes and for temporary housing of evicted tenants 150,000

28 State Hotels 5,000

29	State Sawmills	...	300,000
30	State Brickworks	150,000

31 State Shipping Service ... 75,000

32 West Australian Meat Export Works 10,000

33 Purchase of Plant—Suspense .... 400,000

34 Welshpool Industries .... 20,000

1,110,000

Total 12,535,000

SECOND SCHEDULE.

RE-APPROPRIATION FROM, REFERRED TO IN SECTION 6.

Amount Re-

Original Amount on

appropriated

Appropriation Work or Service to which originally Original Loan

under this

No. or Loan Appropriated. Schedule.

Act. Act.

£ s. d. £ s. d.

WATER ,SUPPLY AND SEWERAGE.

1 71 of 1950 Goldfields Water Supply ,000,000 0 0 936,562 13 1

--.•

THIRD SCHEDULE.

RE-APPROPRIATION TO, REFERRED TO IN SECTION 6.

Amount

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

WATER SUPPLY AND SEWERAGE. s. d.

1	Water Supply in Agricultural and North-West Districts, including Drainage and Irrigation, and Loans and Grants to Local Authorities	25,320	5	1
2	Country Areas Water Supply, including North-West Districts	911,242	8 0

£936,562 13 1