Loan Act 1975 (WA)
WESTERN AUSTRALIA.
LOAN.
No. 114 of 1975.
AN ACT to authorise the raising of a sum of One Hundred and Four Million Dollars by loan for the construction of certain Public Works and for Other Purposes.
[Assented to 1st December, 1975.]
BE it enacted by the Queen's Most ExcellentMajesty, by and with the advice and consent 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, 1975.
2. It shall be lawful for the Governor, from time rower to
to time, to raise by way of such loan several sums rrseeeirtia"
of money, not exceeding in the whole the sum of purposes.
One Hundred and Four Million Dollars, as may be
| No. 114.] | Loan. | [1975. |
required for the several works and purposes
mentioned in the Schedule to this Act.
| Sums raised, | 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 Schedule.
how to be
applied.
Principal
| and interest | 4. |
The principal moneys, and interest thereon, pan 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, 1974, 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 |
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 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.
| account. | 5. |
| 1975.] | Loan. | [No. 114. |
| THE SCHEDULE. |
Provision
| No. | Work or Service |
Total of
| Amount | Group |
| S | S |
Agriculture :
| 1 | Agricultural Development | 120 000 |
120 000
Fisheries and Wildlife :
| 0 | Fisheries and. Wildlife Development | .... | 200 000 |
200 000
Forests :
| 3 | Forestry Development | .... | 5 200 000 |
5 200 000
Industrial Development :
| 4 | Industrial Development ... | 1 460 000 |
1 460 000
Public Works :
Engineering and Associated Works—
| Improvements to Harbours and Rivers | 2 000 000 |
| 6 | Country Areas and Town Water Supplies | ... | 8 200 000 |
| 7 | Country Towns Sewerage | .. | 1 700 000 | |
| 8 | Irrigation and Drainage |
|
| 9 | Kununurra Townsite Development | 160 | 000 |
| 10 | Refund to Consolidated Revenue Fund on account of |
| Administrative Costs—Engineering Works | 3 000 000 |
10 860 000
Public Works :
Buildings and Associated Works, including furniture
and equipment
| 11 | Hospitals | 7 000 000 |
| 12 | Public Health Department | .... | 500 000 |
| 13 | Mental Health Services | 800 000 |
| 14 | Perth Medical Centre | .... | 1 200 000 |
| 15 | Schools | 10 000 000 |
| 16 | Road. Traffic Authority | 500 000 |
| 17 | Public Buildings not otherwise provided for | 4 000 000 |
| 18 | Refund to Consolidated Revenue Fund on account of |
| Administrative Costs—Public Buildings .... | 2 600 000 |
20 600 000
Railways :
| /9 | Additions and Improvements to Opened Railways | .... | 9 000 000 |
| 20 | Rolling Stock | 7 700 000 |
| 21 | Standardisation of Gauge—Kalgoorlie to Kwinana | 200 000 |
| 22 | Construction and Upgrading of Eneabba-Dongara- |
| Ceraldton Branch | 3 850 000 |
20 750 000
Treasury :
| ... | . | 1 000 000 |
| No. 114.] | Loan. | [1975. |
THE SCHEDULE—continued.
Provision
| No. | Work or Service |
Total of
| Amount | Group |
Business Undertakings :
| 26 | Metropolitan (Perth) Passenger Transport Trust | .... | 150 000 |
27 Metropolitan Water Supply, Sewerage and Drainage
| Board.... | 21 200 000 |
21 350 000
Housing Authorities :
| 28 | Government Employees Housing Authority | ... | 2 500 000 |
| 20 | Industrial and Commercial Housing Authority | 400 000 |
9 900 000
Port Authorities :
| 30 | Bunbury Port Authority | 6 100 000 |
| 31 | Geraldton Port Authority | 900 000 |
7 000 000
0
0
0