Loan Act 1966 (WA)

1966.] Loan. [No. 64.

LOAN.

No. 64 of 1966.

AN ACT to authorise the raising of a sum of Forty-eight Million Nine Hundred and Seventy- seven Thousand Dollars by loan for the construction of certain Public Works and for Other Purposes.

[Assented to 12th December, 1966.]

by the authority of the same, as follows:-

WHEREAS it is expedient to authorise the raising, Preamble

" by way of loan of certain sums of money

amounting in all to forty-eight million nine

hundred and seventy-seven thousand dollars 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

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

Loan Act, 1966.

No. 64.] Loan. [1966.

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 forty-eight million nine hundred and seventy- seven thousand dollars, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

for certain

Purposes.

Sums raised,

now 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.

applied.

Principal

and interest	4.	The principal moneys, and interest thereon,
charged on

Revenue.	raised under the authority of this Act shall rank
pari passe 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-

appropriation6. 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 two hundred and ninety-one thousand one hundred and fifty-one dollars to be expended on the works and purposes named in the Third Schedule hereto.

1966. ] Loan. [No. 64.

THE FIRST SCHEDULE.

Provision

No. Work or Service

Total of

Amount Group

Railways $ $

1 Additions and Improvement to Opened Railways .... 1,000,000

2	Rolling Stock	100,000
3	Cockburn Cement Co. Railway, including land resump-

tion and survey . 15,000

4	Industrial Spurs, Kewdale, including land resumption	600,000
5	Industrial Lands (Kwinana), Railway Construction ....	300,000

6	Standardisation of Gauge .	4,000,000
7	Narrow Gauge Works associated with Standardisation	1,000,000

6,915,000

State Electricity Commission

8 Capital .... .... .... .... .... .... 3,000,000

3,000,000

Public Works

9 Bunbury Harbour Works .... .... .,., ..,. .... 200,000

10       Country Areas and Towns Water Supply, and Loans to

Local Authorities and Water Boards 5,000,000

11	Sewerage for Country Towns	400,000
12	Drainage and Irrigation	500,000
13	Local Authority Loan Repayments	50,000
14	School Buildings, including furniture and equipment,

new buildings 7,000,000

15      Hospital Buildings, including furniture and equipment,

16      Institutional Buildings, including furniture and equip-

ment, new buildings .... .... .... .... .... 1,000,000

17       Other Buildings, including furniture and equipment,

new buildings 400,000

18 Salaries and Incidentals 2,000,000

18,550,00

North-West

19       Additions and Improvements to Jetties, Tramways, and

Rolling Stock 500,000

20       Water Supplies, Sewerage and Loans to Local Authorities

and Water Boards 700,000

21 Irrigation 600,000

22 Electricity to Government Establishments .... .... 400,000

23 Exmouth Township Development ........... 600,000

24       School Buildings, including furniture and equipment,

new buildings 200,000

25       Hospital Buildings, including furniture and equipment,

new buildings 800,000

26       Native Welfare Buildings, including furniture and equip-

ment, new buildings

27       Police Buildings, including furniture and equipment,

now buildings 100,000

28       Institutional Buildings, including furniture and equip-

ment, new buildings

29 Salaries and Incidentals ................... 250,000

30 Western Australian Coastal Shipping Commission .... 200,000

31 Wyndham Freezing, Canning and Meat Export Works 100,000

4,680,000

Carried forward •••• 33,145,000

No. 64.] Loan. [1966.

THE FIRST SCHEDULE—continued.

Provision

No. Work or Service

Total of

Amount Group

$

33,145,006

Metropolitan Water Supply, Sewerage and Drainage

32 Capital 6,000,000

6,000,006

Mines

33 Development of Mining .... 200,000

34 State Batteries .... .... 32,000

232,000

Housing

35 Capital .... .... .... .... 3,000,000

36 Government Employees Housing Authority 100,000

3,100,000

Agriculture

37 Development of Agriculture .... 300,000

300,000

Forests

38       Pine Planting, Purchase of Land and Forests Regenera-

tion 400,000

400,000

Fisheries

39 Fisheries Research and Conservation ... 50,000

50,000

Industrial Development

40 Assistance to Industry including Purchase of Land .. 200,000

200,000

Other State Undertakings

41	Charcoal Iron and Steel Industry	....	600,000
42	Country High School Hostels Authority	70,000

43 Fremantle Port Authority.... .... ...

44 Metropolitan (Perth) Passenger Transport Trust 150,000

45	Midland Junction Abattoir Board	....	....	230,000
46	Royal Perth Hospital	150,000

47 University of Western Australia .... .... .... 1,300,000

48 Western Australian Tourist Development Authority 200,000

3,300,000

Sundries

49       Advances to Local Authorities for Septic Tank Installa-

tions at Schools and Quarters .... .... .... .... 16,000

50       Loans and Grants to Local Authorities and other Public

Bodies 700,000

51 Loan Flotation Expenses and Discounts .... 204,000

52 Rural and Industries Bank—Delegated Agencies ... 250,000

53       Payments to meet demands arising from guarantees,

Industry (Advances) Act, 1917.... .... .... .... 80,000

54       Transfers to Consolidated Revenue Fund for purpose of

funding Deficits 1,000,000

2,250,000

Total .... 48,977,000

1966.] Loan. [No. 64.

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

$

Railways

1 56 of 1955 Coogee-Kwinana including Land

Resumption and Survey 20,000 7,020

2 88 of 1956 Coogee-Kwinana including Land

Resumption and Survey 2,000 2,000

3	52 of 1952	Land Resumption for New Lines....	40,000	4,083
4	68 of 1953	Land Resumption for New Lines....	20,000	20,000

5 30 of 1929 Surveys, New Lines.... .... 20,000 8,048

Housing

6 112 of 1965 Advances for Housing of Govern-

ment Employees ....	400,000	250,000 291,151
THE THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

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

Railways

1 Additions and Improvements to Opened 41,151

Housing

2 Government Employees Housing Authority 250,000 291,151