Loan Act 1973 (WA)

WESTERN AUSTRALIA.

OW0111.12M

LOAN.

No. 112 of 1973.

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

[Assented to 4th January, 1974.]

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent	Preamble.
of the Legislative Council and the 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, 1973.

It shall be lawful for the Governor, from time to time, to raise by way of such loan several sums	Power toraise money for certain
purposes.
of money, not exceeding in the whole the sum of

2.

No. 112.] Loan. [1973.

sixty-six million and one hundred thousand dollars, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

Sums raised,

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 First Schedule.

how to be 3.

applied.

Principal

The principal moneys, and interest thereon, pan passe with the principal moneys and interest

and interest 4.

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, 1972, and all prior 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.

appropriation6. It shall be lawful for the Governor to	Re-
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 million four hundred and sixty-two thousand six hundred and thirty-four dollars to be expended on the works and purposes named in the Third Schedule hereto.

1973.] Loan. [No. 112.

THE FIRST SCHEDULE.

Provision

No. Work or Service

Total of

Amount Group

$ $

Agriculture :

1 Agricultural Development 500,000

500,000

Development and Decentralisation :

2 Industrial Development .... ... 900,000

900,000

Fisheries and Fauna :

3 Fisheries and Fauna Department 100,000

100,000

Forests :

4 Forestry Department 2,300,000

2,300,000

Mines :

5 Mining Development 250,000

250,000

Public Works :

Engineering and Associated Works-

6 Improvements to Harbours and Rivers .... 1,500,000

7 Country Areas and Towns Water Supplies .... .... 6,000,000

8 Country Towns Sewerage .... .... .... 850,000

9 Irrigation and Drainage .... .... .... .... 1,200,000

10 Kununurra Towncite Development .... .... .... 50,000

11              Refund to Consolidated Revenue Fund on account of

Administrative Costs—Engineering Works .... 1,200,000

10,800,000

Public Works :

Buildings and Associated Works, including furniture

and equipment

12 Hospitals .... 6,000,000

13 Perth Medical Centre .... 3,000,000

14 Schools .... .... .... 5,000,000

15 Police Department .... 2,600,000

16 Community Welfare Department .... .... .... 200,000

17 Public Buildings not otherwise provided for .... 2,000,000

18              Refund to Consolidated Revenue Fund on account of

Administrative Costs—Public Buildings .... .... 3,000,000

21,800,000

Railways :

1.9 Additions and Improvements to Opened Railways .... 5,000,000

20 Rolling Stock 700,000

21	Standardisation of Gauge—Kalgoorlie to Kwinana	....	200,000
22	Standardisation of Gauge—Esperanto Branch	2,000,000

7,900,000

Treasury :

23	Advances to Sundry Bodies	....	500,000
24	Government Printing Office	....	50,000

550,000

No. 112.] Loan. [1973.

THE FIRST SCHEDULE—continued.

Provision

No. Work or Service

Total of

Amount Group

$ $

Business Undertakings :

25          Metropolitan Water Supply, Sewerage and Drainage

Board 17,500,000

`6 Midland Junction Abattoir Board .... 200,000

27 State Electricity Commission ... 2,000,000

28 West Australian Meat Export Works .... .... 100,000

19,800,000

Port Authorities :

29 Bunbury Port Authority 500,000

30 Port Hedland Port Authority .... 700,000

1,200,000

GRAND TOTAL ... 66,100,000

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 Aot

Mines

$

1 109 of 1969... State Batteries 35,635 17,505

Public Works

106 of 1972 .. Salaries and Incidentals 3,500,000 1,429,855

Railways

3 70 of 1971 .. Kewdale Marshalling Yards and

Connecting Railway, including

land resumption 25,000 15,424

4 90 of 1970 ... Industrial Spurs, Kewdale, including

land resumption 140,000 51,760

5 106 of 1972 ... Improvement of Facilities Capcl-

Bunbury for limonite Sands Traffic 300,000 300,000

6 90 of 1970 ... Narrow Gauge Works Associated

with Standardisation 4,000,000 2,321

7 70 of 1971 ... Narrow Gauge Works associated with

standardisation 25,000 25,000

Other State Undertakings

8 106 of 1972 ... Murdoch University 400,000 193,167

9 70 of 1971 ... University of Western Australia .... 500,000 182,796

10 106 of 1972 Western Australian Institute of

Technology 350,000 244,806

TOTAL.... 2,462,634

1973.] Loan. [No. 112.

THE THIRD SCHEDULE.

Reappropriation to, referred to in Section 6.

Amount Re-

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

Mines

$

1 Mining Devolopment 17,505

•••• --• ••••

Public Works

Buildings and Associated Works, including Furniture and Equipment—

2	Schools ..	620,769
3	Refund to Consolidated Revenue Fund on account of Administrative

1,429,855

Railways

4 Additions and Improvements to Opened Railways 394,605 2,462,634

-•-_•.- ■,•