Loan Act 1963 (WA)

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1963.]

Loan.

[No. 67.

LOAN.

12° Elizabeth II., No. LXVII.

No. 67 of 1963.

AN ACT to authorise the raising of a sum of Twenty-two Million Eight Hundred and Fifty Thousand Pounds by loan for the construction of certain Public Works and for Other Purposes.

[Assented to 18th December, 1963.]

WHEREAS it is expedient to authorise the raising, Preamble.

" by way of loan of certain sums of money

amounting in all to twenty-two million eight hundred and fifty 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.

LoanAct, 1963.

No. 67.]

Loan.

[1963.

Power to

raise money

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

for certain

purposes.

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 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.

applied.

Principal

and interest

4.

The principal moneys, and interest thereon,

charged on

Revenue.

raised under the authority of this Act shall rank

pari passu 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 Revenue Fund and Assets of the Government of Western Australia.

Advances on

account.

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.

Re-

appropriation 6. It shall be lawful for the Governor to

from and 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 sixty-five thousand seven hundred and fifteen pounds to be expended on the works and purposes named in the Third Schedule hereto.

1963.]

Loan.

[No. 67.

THE FIRST SCHEDULE.

Provision

No.

Work or Service

Total of

Amount

Group

Railways

£

£

1

Additions and Improvement to Opened Railways

....

1,500,000

2

Rolling Stock

....

...

....

....

....

....

600,000

3       Welshpool Marshalling Yards and Connecting Railway,

including Land Resumption

250,000

4

Kwinana—Deviation for Alumina Works and Kwinana-

Mundijong-Jarrandale Railway, including Land Re-

250,000

5

Standardisation of Gauge

1,000,000

6

Narrow Gauge Works associated with Standardisation

200,000

3,800,000

Public Works

7

Banbury Harbour Works ..

....

200,000

8

Esperance Harbour Works

....

300,000

9

Geraldton Harbour Works.

200,000

10

Improvements to Harbours and Rivers

150,000

11

Bulk Handling of Wheat—Provision of Facilities at Ports

5,000

12

Country Areas and Towns Water Supply, and Loans to

Local Authorities and Water Boards ....

....

....

1,500,000

13

Sewerage for Country Towns

....

....

....

....

150,000

14

Drainage and Irrigation

....

....

....

200,000

15

Local Authority Loan Repayments

....

....

....

50,000

16

Services for Industry

....

....

....

...

....

200,000

17       School Buildings, including furniture and equipment, new

buildings

2,000,000

18      Hospital Buildings, including furniture and equipment,

19      Native Welfare Buildings, including furniture and equip-

40,000

20       Police Building, including furniture and equipment, new

300,000

21       Institutional Buildings, including furniture and equip-

ment, new buildings

600,000

22      Other Buildings, including furniture and equipment,

23

Salaries and Incidentals

.....

750,000

10,645,000

North-West

24       Additions and Improvements to Jetties, Tramways, and

140,000

25       Water Supplies and Loans to Local Authorities and

100,000

26

Irrigation

350,000

27

Electricity for

Government Establishments

....

....

10,000

28       School Buildings, including furniture and equipment,

new buildings

150,000

29       Native Welfare Buildings, including furniture and equip-

ment, new buildings

....

....

....

....

....

50,000

30       Other Buildings, including furniture and equipment,

new buildings

...

....

225,000

31

Salaries and Incidentals

....

100,000

32

State Shipping Service

....

300,000

1,425,000

Carried forward

15,870,000

No. 67.]

Loan.

[1963.

THE FIRST SCHEDULE—continued.

Provision

No.

Work or Service

Total of

Amount

Group

£

Brought forward

15,870,000

Metropolitan Water Supply, Sewerage and Drainage

33

Metropolitan Water Supply

1,500,000

34

Salaries and Incidentals

....

200,000

35

Sewerage

400,000

36

Drainage

....

250,000

2,350,000

Mines

37

Development of Mining

....

150,000

38

State Batteries

.

20,000

170,000

Stale Housing Commission

39

Advances for housing of Government Employees

200,000

40

Capital

1,400,000

1,600,000

Agriculture

41

Development of Agriculture

..

300,000

300,000

Forests

42       Pine Planting, Purchase of Land and Forests Regenera-

150,000

150,000

Fisheries

43

Fisheries Research and Conservation

....

10,000

10,000

Government Printing Office

44

Purchase of Plant and Equipment

....

10,000

10,000

Other State Undertakings

45

Country High School Hostels Authority

25,000

46

Royal Perth Hospital

....

60,000

47

Rural and Industries Bank

500,000

48

University of Western Australia

250,000

49

Western Australian Tourist Development Authority ....

50,000

885,000

Sundries

50       Advances to Local Authorities for Septic Tank Installa-

tions at Schools and Quarters ....

5,000 200,000

51        Loans and Grants to Local Authorities and other Public

52

Loan Flotation Expenses and Discounts

200,000

53

Rural and Industries Bank—Delegated Agencies

...

100,000

54       Transfer to Consolidated Revenue Fund for purpose of

Funding Deficits .

1,000,000

1,505,000

Total....

22,850,000

1963.]

Loan.

[No. 67.

THE SECOND SCHEDULE.

Reappropriation from, referred to in Section 6.

Original

Work or Service to which originally

Amount

Amount Re-

No.

Appropriation

Appropriated

on Original

appropriated

on Loan Work

Loan Schedule

under this Act

Industrial Development

85 of 1948

Purchase of Land for Industrial

Purposes

....

50,000

16,226

Agriculture

2

85 of 1948

College of Agriculture

15,000

8,652

3

51 of 1949

College of Agriculture

5,000

5,000

Other State Undertakings

81 of 1959

State Building Supplies

....

25,000

24,751

Tramways and Ferries

5

83 of 1960

Tramways, Trolley Bus and Omnibus

15,000

11,086

Total

65,715

THE THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

No.

Work or Service to which now Appropriated

appropriated under this Act

Agriculture

1

Development of Agriculture

....

13,652

Industrial Development

2

Assistance to Industry, including Purchase of Land ....

16,226

Other State Undertakings

3

Metropolitan Passenger Transport Trust

....

11,086

4

Western Australian Tourist Development Authority

24,751

Total

65,715

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Loan Act 1963 (WA)

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