Loan Act 1977 (WA)

WESTERN AUSTRALIA.

LOAN.

No. 49 of 1977.

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

[Assented to 18th November, 1977.]

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, 1977.

2.    It shall be lawful for the Governor, from time Zizrmtley

to time, to raise by way of such loan several sums fpirrArsteasi..

of money, not exceeding in the whole the sum of

No. 49.] Loan. [1977.

one hundred and five million nine 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 passu 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, 1976, 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 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.

account. 5.

Re-appro-

priation 6. It shall be lawful for the Governor th

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 six million eight hundred and six thousand four hundred and thirty-six dollars to be expended on the works and purposes named in the Third Schedule hereto.

1977.	]	Loan.	[No. 49.
THE FIRST SCHEDULE

Provision

No. Work or Service

Total of

Amount Group

Agriculture: $

Agricultural Development 50 000

50 000

Forests:

2 Forestry Development 1 600 000

1 600 000

Public Works:

Engineering and Associated Works:

3	Improvements to Harbours and Rivers	4 300 000
4	Country Areas and Town Water Supplies	9 000 000
5	Country Towns Sewerage	1 500 000

6	Irrigation and Drainage	750 000
7	Kununurra Townsite Development	100 000

15 650 000

Public Works:

Buildings and Associated Works, including Furniture and

Equipment:

Hospitals .... 1 500 000

9 Mental Health Services 100 000

10 Schools .... 8 000 000

11 Police Department 1 000 000

12	Road Traffic Authority	....	400 000
13	Department of Corrections	200 000

14 Public Buildings not otherwise provided for .... 4 700 000

15              Refund to Consolidated Revenue Fund on account of

Administrative Costs—Public Buildings 1 000 000

16 900 000

Treasury:

16	Government Printing Office	200 000
17	Loan Flotation Expenses and Discounts ....	100 000
18	Unemployment Relief—Drought Towns ....	500 000

800 000

Business Undertakings:

19	Metropolitan (Perth) Passenger Transport Trust...	I 000 000
20	Metropolitan Water Supply, Sewerage and Drainage

Board.... .... .... .... .... .... .... 43 000 000

21 State Energy Commission .... ....... .... .... I 1000 000

22 Western Australian Government Railways Commission I 1400 000

66 400 000

Housing Authorities:

23 Government Employees, Housing Authority .... 2 500 000

24 Industrial and Commercial Employees' Housing Authority 400 000

2 900 000

Port Authorities:

25 Bunbury Port Authority .... 400 000

26 Geraldton Port Authority .... 1 000 000

1 400 000

Other Authorities:

27 Industrial Lands Development Authority .... 200 000

200 000

GRAND TOTAL 105 900 000

No. 49d Loan. [1977.

THE SECOND SCHEDULE

Re-appropriation from, referred to in Section 6.

Original Amount on Amount

Ap- Re-ap-

Work or Service to which originally Original

No. propriation propriated

Appropriated Loan under this

on Loan Schedule

Work Act

Railways: $ $

1	147 of 1976	Additions and Improvements to Opened Rail-
ways 14 000 000 4 789 723
2	147 of 1976	Rolling Stock 2 500 000 785 303
3	114 of 1975	Standardisation of Gauge—Kalgoorlie
to Kwinana 200 000 112 600

147 of 1976 100 000 100 000

4 112 of 1973 Standardisation of Gauge—Esperance Branch 2 000 000 90 295

5	147 u	1976	Construction and Upgrading of Eneabba-Don-
gara-Geraldton Branch .... .... .... 2 500 000 928 515

TOTAL 6 806 436

THE THIRD SCHEDULE

Re-appropriation to, referred to in Section 6.

Amount

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

Business Undertakings:

1 Western Australian Government Railways Commission 6 806 436

TOTAL 6 806 436