Loan Act 1979 (WA)

WESTERN AUSTRALIA.

LOAN.

No. 118 of 1979.

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

[Assented to 21st December, 1979.]

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 sh''''""e.

Loan Act, 1979.

No. 118.] Loan. [1979.

Power to

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 Eighty-Five Million Nine Hundred Thousand Dollars, as may be required for the several works and purposes mentioned in the First Schedule to this Act.

raise money 2.

for certain

purposes.

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 First Schedule.

how to be

applied.

Malta

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, 1978, 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.

fte-aPPro-

priation 6. It shall be lawful for the Governor to

from and to. appropriate the sum set forth in the Second Schedule hereto, from the item therein set forth, and to the item enumerated in the Third Schedule hereto, the sum of three million and ten thousand nine hundred and forty-four dollars to be expended on the works and purposes named in the Third Schedule hereto.

1979.]	Loan.	[No. 118.
THE FIRST SCHEDULE

Provision

No. Work or Service Total of

Amount Group

Agriculture: $ $

1 Agricultural Development .... 140 000

140 000

Forests:

2 Forestry Development 2 700 000

2 700 000

Industrial Development:

3 Industrial Development 60 000

60 000

Public Works:

Engineering and Associated Works:

4 Ports and Jetties ........ .... .... 1 800 000

5	Country Areas and Town Water Supplies	3 500 000
6	Country Towns Sewerage	3 800 000

7 Irrigation and Drainage .... .... .... .... 600 000

s	Refund to Consolidated Revenue Fund on account
of Administrative Costs—Engineering Works .... 2 700 000

12 400 000

Public Works:

Buildings and Associated Works, including Furniture

and Equipment:

9 Hospitals .... .... .... 28 000 000

10 Mental Health Services .... 1000 000

11 Police Department .... .... I 500 000

12 Community Welfare Department ........... 500 000

13 Department of Corrections .... .

14 Public Buildings not otherwise provided for .... 1 000 000

15               Refund to Consolidated Revenue Fund on account

of Administrative Costs—Public Buildings .... 2 500 000

41 500 000

Business Undertakings:

16           Metropolitan Water Supply, Sewerage and Drainage

26 000 000

Housing Authorities:

.... 2 000 000

17            Government Employees' Housing Authority

18           Industrial and Commercial Employees' Housing

....................... 400 000

2 400 000

Port Authorities:

19 Albany Port Authority.... 700 000

700000

GRAND TOTAL .... 85 900 000

No. 118.] Loan. [1979.

THE SECOND SCHEDULE

Re-appropriation from, referred to in Section 6.

Original Amount on Amount

Ap- Work or Service to which originally Original Re-ap-

No. propriation Appropriated Loan propriated

on Loan Schedule under this

Work Act

Public Works: $ $

1 116 of 1978 Improvements to Harbours and Rivers._ 5 000 000 3 010 944

TOTAL 3 010 944

THE THIRD SCHEDULE

Re-appropriation to, referred to in Section 6.

Amount

No. Work or Service to which now Appropriated Re-appropri- ated under

this Act

Public Works:

1 Improvements to Rivers and Foreshores 3 010 944

TOTAL 3 010 944