Loan Act 1965 (WA)

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No. 112.]

Loan.

[1965.

LOAN.

No. 112 of 1965.

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

[Assented to 17th December, 1965.]

Preamble.

WHEREAS it is expedient to authorise the raising, " by way of loan of certain sums of money

amounting in all to twenty-seven million one hundred and seventy 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:—

Short MM.

1. This Act may be cited for all purposes as th(

Loan Act, 1965.

No. 112.]

Loan.

[1965.

2.    It shall be lawful for the Governor, from time 1.11=„y

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

of money, not exceeding in the whole the sum of

twenty-seven million one hundred and seventy

thousand pounds, as may be required for the several

works and purposes mentioned in the First Schedule

to this Act.

3.    All sums by this Act authorised to be raised =7.tg,:ed.

shall be paid to the Treasurer, and shall be by him applied.

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.

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

raised under the authority of this Act shall rank Vietreged

font

e

pan passu with the principal moneys and interest

nu

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.

5.   The Governor may from time to time by Advances on

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.

6. It shall be lawful for the Governor to appropriate out of the sums set forth in the Second

Re-appropriation

from and to.

Schedule hereto, from the items therein set forth, and to the items enumerated in the Third Schedule hereto, the sum of one hundred and forty thousand seven hundred and fifty pounds to be expended on the works and purposes named in the Third Schedule hereto.

1965.

]

Loan.

[No. 112.

THE FIRST SCHEDULE.

Provision

No.

Work or Service

Total of

Amount

Group

Railways

1

Additions and Improvement to Opened Railways

....

1,000,000

2

ICewdale Marshalling Yards and Connecting Railway,

including Land Resumption

700,000

3

East Perth—Rail Terminal

....

10,000

4

Standardisation of Gauge

1,500,000

5

Narrow Gauge Works associated with Standardisation

2,000,000

5,210,000

State Electricity Commission

6

Capital

1,000,000

1,000,000

Public Works

7

Millbury Harbour Works ....

100,000

S

Esperance Harbour Works

200,000

9

Geraldton Harbour Works

300,000

10

Improvements to Harbours and Rivers ....

50,000

11

Country Areas and Towns Water Supply, and Loans to

Local Authorities and Water Boards ....

2,250,000

12

Sewerage for Country Towns

....

250,000

13

Drainage and Irrigation

....

500,000

14

Local Authority Loan Repayments

50,000

15

Services for Industry

....

20,000

16       School Buildings, including furniture and equipment, new

buildings

3,400,000

17       Hospital Buildings, including furniture and equipment,

2,000,000 100,000

18       Native Welfare Buildings, including furniture and equip-

19       Police Building, including furniture and equipment, new

buildings

300,000

20       Institutional Buildings, including furniture and equip-

800,000

21       Other Buildings, including furniture and equipment,

1,000,000

22

Salaries and Incidentals

....

700,000

12,020,000

North-West

23       Additions and Improvements to Jetties, Tramways, and

200,000

24       Water Supplies, Sewerage and Loans to Local Authorities

and Water Boards

350,000

25

Irrigation

300,000

26

Electricity to Government Establishments

....

50,000

27

Exmouth Township Development

150,000

28       School Buildings, including furniture and equipment,

new buildings

150,000

29       Hospital Buildings, including furniture and equipment,

new buildings

250,000

30       Police Buildings, including furniture and equipment,

150,000

31       Institutional Buildings, including furniture and equip-

ment, new buildings

10,000

32       Other Buildings, including furniture and equipment,

new buildings

100,000

33

Salaries and Incidentals

100,000

1,310,000

Carried forward

20,040,000

1965.]

Loan.

[No. 112.

THE FIRST SCHEDULE—continued.

Provision

No.

Work or Service

Total of

Amount

Group

Brought forward

20,040,000

Metropolitan Water Supply, Sewerage and Drainage

34

Capital

3,500,000

3,500,000

Mines

35

Development of Mining

....

100,000

36

State Batteries

....

20,000

120,000

State Housing Commission

37

Advances for housing of Government Employees

....

200,000

38

Capital

800,000

1,000,000

Agriculture

39

Development of Agriculture

....

200,000

200,000

Forests

40       Pine Planting, Purchase of Land and Forests Regenera-

tion ..

200,000

200,000

Fisheries

41

Fisheries Research and Conservation

....

60,000

60,000

Lands and Surveys

42

Purchase of Equipment

....

20,000

20,000

Other State Undertakings

43

Country High School Hostels Authority

30,000

44

Fremantle Port Authority

250,000

45

Metropolitan (Perth) Passenger Transport Trust

170,000

46

Royal Perth Hospital

....

75,000

47

University of Western Australia

100,000

48

West Australian Meat Export Works

....

50,0(K)

49

Western Australian Tourist Development Authority ...

100,000

775,000

Sundries

50       Advances to Local Authorities for Septic Tank Installa-

tions at Schools and Quarters ....

5,000 350,000

51        Loans and Grants to Local Authorities and other Public

52

Loan Flotation Expenses and Discounts

100,000

53   400,000

54

Rural and Industries Bank—Delegated Agencies

400,000

1,255,000

Total

27,170,000

No. 112.]

Loan.

[1965.

THE SECOND SCHEDULE.

Reappropriation from, referred to in Section 6.

Original

Work or Service to which originally

Amount

Amount Re-

No.

Appropriation

on Original

appropriated

Appropriated

on

Loan Work

Loan Schedule

under this Act

State Electricity Commission

1

81 of 1959

Metropolitan Power Scheme and Gas

800,000

58,586

2

S3 of 1960

Metropolitan Power Scheme anti Gas

32,875

32,875

3

83 of 1960

South-West Power Scheme

100,000

49,289 140,750

THE THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

No.

Work or Service to which now Appropriated

appropriated under this Act

State Electricity Commission

1

Capital

140,750 140,750

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Loan Act 1965 (WA)

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