Loan Act 1969 (WA)

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1969.]

Loan.

[No. 109.

LOAN.

No. 109 of 1969.

AN ACT to authorise the raising of a sum of Sixty-five Million Eight Hundred and Sixty-one Thousand Dollars by loan for the construction of certain Public Works and for Other Purposes.

[Assented to 25th November, 1969.]

WHEREAS it is expedient to authorise the raising, Preamble.

" by way of loan of certain sums of money

amounting in all to sixty-five million eight hundred and sixty-one 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 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, 1969.

No. 109.]

Loan.

[1969

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 sixty-five million eight hundred and sixty-one 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,

bow 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, pari 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

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 one million seven hundred and four thousand five hundred and ninety-four dollars to be expended on the works and purposes named in the Third Schedule hereto.

1969.]

Loan.

[No. 109.

THE FIRST SCHEDULE.

Provision

No.

Work or Service

Total of

Amount

Group

Railways

Additions and Improvements to Opened Railways ....

1,000,000

2

Rolling Stock

1,500,000

3

Kewdale Marshalling Yards and connecting railway,

including land resumption

....

100,000

4

Standardisation of gauge .

3,300,000

5,900,000

State Electricity Commission

5

Capital

5,000,000

5,000,000

Public Works

6

Albany Harbour Works

....

200,000

7

Esperance Harbour Works

420,000

8

Improvements to Harbours and Rivers ...

300,000

9

Country Areas and Towns Water Supply, and Loans to

'—

Local Authorities and Water Boards

...

4,200,000

10

Sewerage for Country Towns

....

1,300,000

11

Irrigation and Drainage

....

500,000

12

Kununurra Township Development

100,000

13

School Buildings, including furniture and equipment,

10,000,000

14       Hospital Buildings, including furniture and equipment,

new buildings

7,000,000

15       Police Buildings, including furniture and equipment, new

buildings

600,000

16       Institutional Buildings, including furniture and equip-

ment, new buildings

2,600,000

17      Other Buildings, including furniture and equipment,

new buildings

2,500,000

18

Salaries and Incidental

s

2,100,000

31,820,000

North-West

19       Native Welfare Buildings, including furniture and equip-

ment, new buildings

5,365

5,365

Metropolitan Water Supply, Sewerage and Drainage Board

20

Capital

8,500,000

8,500,000

Carried forward

51,225,365

No. 109.]

Loan.

[1969

THE FIRST SCHEDULE—continued.

Provision

No.

Work or Service

Total of

Amount

Group

Brought forward

....

51,225,365

Mines

21

State Batteries

35,635

35,635

Housing

22

State Housing Commission—Capital

....

7,000,000

23

Government Employees Housing Authority

400,000

7,400,000

Agriculture

24

Development of Agriculture

....

750,000

750,000

Forests

25       Pine Planting, Purchase of Land and Forests Regenera-

tion

400,000

400,000

Industrial Development

26

Assistance to Industry, including purchase of land

....

450,000

450,000

Other State Undertakings

27

Fremantle Port Authority

1,000,000

28

Midland Junction Abattoir Board

....

1,300,000

29

University of Western Australia ...

1,000,000

30

West Australian Meat Export Works

300,000

31

Western Australian Institute of Technology

800,000

4,400,000

Sundries

32

Rural and Industries Bank—Delegated Agencies

....

1,200,000

1,200,000 65,861,000

1969.]

Loan.

[No. 109.

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

North-West

1

59 of 1968 ....

Additions and Improvements to Jetties, Tramways, and Rolling Stock

142,882

138,689

2

59 of 1968

Water Supplies, Sewerage and Loans

to Local Authorities and Water

1,000,000

316,456

3

75 of 1967 ..

250,000

115,977

4

59 of 1968 ..

1,925

1,925

5

59 of 1968 ..

School Buildings, including furniture

and equipment, new buildings ...

450,000

323,072

6

59 of 1968 ..

Hospital Buildings, including furni-

ture and equipment, new buildings

700,000

397,112

7

75 of 1967 ..

Police Buildings, including furniture

and equipment, new buildings ....

50,000

19,196

S

59 of 1968 ....

Police Buildings, including furniture

and equipment, new buildings .... Institutional Buildings, including furniture and equipment, new buildings

150,000

150,000

9

04 of 1966

30,000

16,626

10

59 of 1968 ..

Other Buildings, including furniture

and equipment, new buildings ....

220,000

64,842

11

59 of 1968 ..

Salaries and Incidentals

....

300,000

160,699

1,704,594

THE THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

No.

Work or Service to which now Appropriated

appropriated under this Act

Public Works

1

Improvements to Harbours and Rivers

138,689

2

Country Areas and Towns Water Supply, and Loans to Local Author-

ities and Water Boards

316,456

3

Irrigation and Drainage

....

117,902

4

School Buildings, including furniture and equipment, new buildings

323,072

Hospital Buildings, including furniture and equipment, new buildings

397,112

6

Police Buildings, including furniture and equipment, new buildings

169,196

Institutional

Buildings, including furniture and equipment, new

buildings

16,626

8

Other Buildings, including furniture and equipment, new buildings

64,842

9

Salaries and Incidentals

160,699

1,704,594

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Loan Act 1969 (WA)

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