Loan Act 1960 (WA)

1960.1 Loan. [No. 83.

LOAN.

9° Elizabeth II., No. LXXXIII.

No. 83 of 1960.

AN ACT to authorise the raising of a sum of Twenty Million Two Hundred and Sixty-four Thousand Pounds by loan for the construction of certain Public Works and for Other Purposes,

and to authorise the re-appropriation of certain

loan moneys.

[Assented to 12th December, 19601

WHEREAS it is expedient to authorise the raising, Preamble.

" by way of loan of certain sums of money

amounting in all to twenty million two hundred and sixty-four thousand pounds for the several purposes hereinafter mentioned: Be it enacted by the Queen'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, 1960.

No. 83.] Loan. [1960.

Power to 2.

It shall be lawful for the Governor, from time to time, to raise by way of such loan several sums of money, not exceeding in the whole the sum of twenty million two hundred and sixty-four 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, 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 purposes set forth in the said Schedule in conformity with the annual estimates of the expenditure of the loan moneys sanctioned by Parliament.

how to be

applied.

Principal

and interest 4.

The principal moneys, and interest thereon, par/ passu 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

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. 5.

Re-

appropriation	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 one million, seven thousand two hundred and fifty-five pounds to be expended on the works and purposes named in the Third Schedule hereto.
from and to.

1960.] Loan. [No. 83.

FIRST SCHEDULE.

Provision

No. Work or Service

Total of

Amount Group

£

Railways

1 Additions and Improvements to Opened Railways .... 600,000

2 Rolling Stock ..„ ..„ 400,000

3       Welshpool Marshalling Yards and connecting railways,

including Land Resumption 100,000

4	North Fremantle—Interchange sidings	25,000
5	Fremantle-North Fremantle—New River Bridge Con-

struction, including Land Resumption 75,000

1,200,000

Tramways and Ferries

Tramways, Trolley Bus, and Omnibus Services 15,000

15,000

Slate Electricity COM1 .0?

South-West Power Scheme 100,000

100,000

Public Works

8	Albany Harbour Works	125,000
9	Bunbury Harbour Works ....	200,000

10 Esperance Harbour Works . 12,000

II Country Areas and Towns Water Supply, d Leans to

Local Authorities and Water Boards 1,400,000

/2	Drainage and Irrigation	240,000
13	Geraldton Harbour Works	110,000
14	Improvements to Harbours and Rivers ...	60,000
15	Sewerage for Country Towns	100,000
16	School Buildings, including furniture and equipment,

3,000.000

17       Hospital Buildings, including furniture and equipment,

new buildings .... 1,500.000

IS Police Buildings, including furniture and equipment,

new buildings 150,000

19       Native Welfare Buildings, including furniture and equip.

ment, new buildings .... 25,000

20 Other Buildings, including furniture and equipment,

new buildings 850,000

21 Salaries and Incidentals .. 500,000

8,272,000

North-West

.;k?, Additions and Improvements to Jetties, Tramways, and

Rolling Stock .... . . 230,000

23   750,000

24	Electricity to Government Establishments	35,000
25	Water Supplies and Loans to Local Authorities and

Water Boards 160,000

26       School Buildings, including furniture and equipment,

new buildings .... 180,000

27       Hospital Buildings, including furniture and equipment,

200,000

28       Police Buildings, including furniture and equipment,

40,000

20       Native Welfare Buildings, including furniture and equip-

ment, new buildings .... .... 37,000

Carried forward ,632,000 9,587,000

No. 83. Loan. [1960.

FIRST SCHEDULE—continued.

Provision

No. Work or Service

Total of

Amount Group

Brought forward 1,632,000 9,587,000

North-West—continteed

30       Other Buildings, including furniture and equipment,

new buildings ... 120,000

31	Salaries and Incidentals	35,000
32	State Shipping Service	400,000

2,187,000

Metropolitan Water Supply, Sewerage and Drainage

33 Metropolitan Water Supply 1,600,000

34	Salaries and Incidentals	180,000
35	Sewerage	750,000
36	Drainage	180,000

2,710,000

Mines

37	Development of Mining	....	120,000
38	State Batteries	10,000

130,000

State Housing Commission

39 Advances for housing of Government Employees 60,000

40 Capital 1,100,000

1,160,000

Agriculture

41 Development of Agriculture .... 270,000

270,000

Forests

42       Pine Planting, Purchase of Land and Forests Regener

tion . 100,000

100,000

Fisheries

43 Fisheries Research and Conservation 15,000

15,000

Industrial Development

44 Assistance to Industry, including purchase o 450000

450,000

Other State Undertakings

45	Charcoal Iron and Steel Industry	120,000
46	Fremantle Harbour Trust ..„	500,000
47	Metropolitan Passenger Transport Trust	400,000

48 Midland Junction Abattoir Board . 170,000

49	Royal Perth Hospital	. .	75,000
50	Rural and Industries Bank	500,000

51 West Australian Meat Export Works ... 30,000

52 Western Australian Tourist Development Authority 120,000

1,915,000

Sundries

53        Cockburn Cement Pty. Ltd.—Industry (Advances) Act,

1947   100,000

54       Loans and Grants to Local Authorities and other Public

500,000

55	Loan Flotation Expenses and Discounts	70,000
56	Transfer to Consolidated Revenue Fund for purpose of

Funding Deficits 1,070,000

1,740,000

Total .... 20,264,000

1960.] Loan. [No. 83.

SECOND SCHEDULE.

Reappropriation from, referred to in Section 6.

Original Amount Amount Re-

Work or Service to which originally

No.	Appropriation	Appropriated	on Original	appropriated
on Loan Work	Loan Schedule	under this Act

Railways

1 67 of 1952 Bassendean Marshalling Yards, in-

cluding Land Resumption .. 50,000 18,604

2 67 of 1952 Collie-Cardiff, Western No. 2 Coal

Mine.... . . 20,000 3,919

3	68 of 1953	Muja-Centaur Coal Mine	10,000	2,852
4	68 of 1953	Purchase of Stores, Materials and

Equipment (Suspense) 400,000 22,656

Tramways and Ferries

5 68 of 1953 Purchase of Stores, Materials and

Equipment (Suspense) .... 200,000 372

6 83 of 1947 State Ferries 7,000 2,325

State Electricity Commission

7 81 of 1959 Electricity Frequency Change, 40-

50 cycles . 90,000 32,875

Public Works

8	81 of 1959	Abattoirs and Saleyards	50,000	6,995
9	81 of 1959	Public Buildings, including furniture

and equipment, new buildings . 3,500,000 759,564

North-West

10 81 of 1959 Public Buildings, including furniture

and equipment, new buildings 200,000 138,000

Native 1Velfare

11 36 of 1946 Native Cattle Stations—Improve-

ments and Equipment . 15,000 1,888

12 83 of 1947 Native Cattle Stations—Improve.

meats and Equipment ... 5.000 5,000

13 71 of 1950 Native Hospitals, Depots and Settle-

15,000 9,205

14 37 of 1954 Native Hospitals, Depots and Settle-

ments . 10,000 10,000

Total .... 1,007,255

No. 83.] Loan. [1960.

THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

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

Railways

1 Additions and Improvements to Opened Railways .... 48,031

Tramways and Ferries

2 Tramways, Trolley Bus and Omnibus Services 2,697

State Electricity Commission

3 Metropolitan Power Scheme and Gas Supply 32,875

Public Works

4	School Buildings, including furniture and equipment, new buildings	500,000.
5	Hospital Buildings, including furniture and equipment, new buildings	252,564

North-West

6	School Buildings, including furniture and equipment, new buildings	60,000
7	Hospital Buildings, including furniture and equipment, new buildings	78,000
Native Welfare Buildings, including furniture and equipment, new

. 26,093

Other State Undertakings

9 Midland Junction Abattoir Board ... 6,995

Total 1,007,255