Loan Act (No. 1) 1928 (Cth)

LOAN (No. 1).

________

No. 26 of 1928.

An Act to authorize the Raising and Expending of certain Sums of Money.

[Assented to 22nd June, 1928.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1. This Act may be cited as the Loan Act (No. 1) 1928.

Authority to borrow £2,000,000.

2.The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911–1927, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Two million pounds.

 

Purpose for which money may be borrowed.

3. The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes of appropriations made or to be made by law.

Issue and application of £1,920,000.

4.There may be issued and applied out of the proceeds of any Loan raised under the authority of any Loan Act, including the present Act, the sum of One million nine hundred and twenty thousand pounds for the purposes set forth in the Schedule to this Act.

Unexpended appropriations lapse.

5.Where on the thirtieth day of June One thousand nine hundred and twenty-eight there remain unexpended any moneys appropriated by the Loan Act (No. 1) 1927 and Loan Act (No. 2) 1927 the appropriation of the moneys so remaining unexpended shall lapse on that date.

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SCHEDULE.

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Abstract.

£
WAR AND REPATRIATION SERVICES...........................................................	311,255
PRIME MINISTER’S DEPARTMENT................................................................	75,000
DEPARTMENT OF THE TREASURY................................................................	100,000
HOME AND TERRITORIES DEPARTMENT.....................................................	10,000
DEPARTMENT OF DEFENCE...........................................................................	66,250
DEPARTMENT OF TRADE AND CUSTOMS....................................................	5,500
DEPARTMENT OF WORKS AND RAILWAYS.................................................	311,000
POSTMASTER-GENERAL’S DEPARTMENT....................................................	941,500
DEPARTMENT OF HEALTH.............................................................................	5,100
DEPARTMENT OF MARKETS..........................................................................	40,000
REDEMPTIONS—
PORT AUGUSTA-OODNADATTA RAILWAY LOANS...............................	54,395
TOTAL................................................................................................	1,920,000

 

Schedule–continued.

£

WAR AND REPATRIATION SERVICES.

Under Control of Department of Works and Railways.

Expenditure under War Service Homes Act 1918–25 (to be paid to credit of Trust Fund, War Service Homes Account).....................................................................................................

311,255

Total War and Repatriation Services......................................

311,255

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THE PRIME MINISTER’S DEPARTMENT.

Under Control of Development and Migration Commission.

Immigration—Advances of passage money, landing money and medical fees of assisted immigrants 

75,000

___________

 

DEPARTMENT OF THE TREASURY.

Grafton to South Brisbane Railway......................................................................

100,000

___________

HOME AND TERRITORIES DEPARTMENT.

Under Control of Department of the Treasury.

Loan to the Territory of New Guinea for Works....................................................

10,000

___________

 

THE DEPARTMENT OE DEFENCE.

Under Control of Department of Defence.

Machinery and plant for manufacture of munitions not now produced in Australia—towards cost

10,000

Under Control of Department of Works and Railways.

Naval Bases, Works and Establishments...............................................................

18,000

Construction of drill halls, mobilization stores, ordnance stores, rifle ranges, fortifications, barracks, and other accommodation and engineering works................................................

8,000

Towards cost of construction of buildings, hangars, workshops, barracks and earth works, and preparation of aerial routes and landing grounds:—

Royal Australian Air Force....................................................................

15,000

Towards cost of construction of buildings and works generally in connexion with new munitions production at Maribyrnong, Footscray, Lithgow, and Wakefield......................................

15,000

Purchase of properties and sites—Royal Australian Air Force................................

250

Total Department of Defence.........................................................

66,250

 

Schedule—continued

£
THE DEPARTMENT OF TRADE AND CUSTOMS.
Under Control of Department of Trade and Customs.
New lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for lightships	3,000
Alterations of lighthouse services.............................................................................	2,000
Establishing means of communication......................................................................	500
Total Department of Trade and Customs..............................................	5,500
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THE DEPARTMENT OF WORKS AND RAILWAYS.
Under Control of the Department of Works and Railways.
Expenditure under River Murray Waters Act 1915-23.................................................	70,000
Trans-Australian Railway..........................................................................................	19,500
North Australia Railway—minor capital works...........................................................	500
Central Australia Railway.........................................................................................	7,000
Federal Territory Railway.........................................................................................	1,000
New railway construction under the Northern Territory Railway Extension Act 1923, the Railways (South Australia) Agreement Act 1926 and the Oodnadatta to Alice Springs Railway Act 1926	213,000
Total Department of Works and Railways............................................	311,000
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THE POSTMASTER-GENERAL’S DEPARTMENT.
Under Control of the Postmaster-General’s Department, the Home and Territories Department, and the Department of Works and Railways.
Construction and extension of telegraphs and telephones; construction of conduits and laying wires underground; land for post and telegraph purposes; also buildings for the Postmaster-General’s Department as set out hereunder:—...................	940,000
Buildings for Postmaster-General’s Department.
New South Wales.
Additions and Allerations.—Berrigan, Boorowa, Chatswood, Condobolin, Dee Why, Glen Innes, Goulburn, Grafton, Kensington, Kyogle, Manly, Moulamein, North Sydney, Petersham, Pymble, Queanbeyan, Sydney—City North, Sydney General Post Office, Tamworth, Waverley, West Maitland.
Carried forward......................................................................	940,000

 

Schedule—continued.

£
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.
Brought forward.................................................................................	940,000
Buildings for Postmaster-General’s Department—continued.
New South Wales—continued.
New Buildings.—Arncliffe, Balgowlah, Bexley, Burwood, Drummoyne, Eastlake, Edgecliff, Griffith, Haymarket, Hurstville, Kogarah, Lane Cove, Manly, Maroubra, Newcastle, Newtown, Ourimbah, Pooncarie, Rose Bay, Sydenham, Terrigal, Tullamore, Wickham, Willoughby, Yenda, Yeoval.
Sundry Offices.—For works costing not more than £300 in each case.
Victoria.
Additions and Alterations.—Ararat, Beechworth, Bendigo, Birregurra, Brunswick, Camperdown, Chiltern, Coleraine, Dandenong, Donald, Frankston, Hawthorn, Hopetoun, Kyneton, Leongatha, Maffra, Malvern, Melbourne—Central Exchange, Melbourne—Elizabeth-street, Melbourne General Post Office, Morwell, Murtoa, Numurkah, Penshurst, Preston, Rupanyup, Sandringham, Sea Lake, Shepparton, Sorrento, South Melbourne, Swan Hill, Warragul, Warrnambool.
New Buildings.—Beeac, Bentleigh, Box Hill, Caulfield East, Cohuna, Glen Iris, Hawthorn, Heidelberg, Ivanhoe, Melbourne—Telegraph and Telephone Workshops, Melbourne—Electric Telegraph Office and Commonwealth Offices, Oakleigh, Prahran, Quambatock, Under-bool.
Sundry Offices.—For works costing not more than £300 in each case.
Queensland.
Additions and Alterations.—Cairns, Dirrinbandi, Emerald, Inglewood, Kingaroy, Mareeba, Redcliffe, Rockhampton.
New Buildings.—Allora, Brisbane—Central Exchange, Brisbane—Workshops and Garage, Bulimba, Cooparoo, Greenmount, Hughenden, Muttaburra, Nundah, Paddington, Pialba, Sherwood, South Brisbane, South Johnstone, Yeronga
Sundry Offices.—For works costing not more than £300 in each case.
South Australia.
Additions and Alterations.—Adelaide General Post Office, Adelaide—West Terrace, Kapunda, Norwood, Port Pirie, Tumby Bay, Unley.
New Buildings.—Henley Beach, Port Adelaide, Semaphore, West Adelaide, Woodville.
Sundry Offices.—For works costing not more than £300 in each case.
Carried forward..................................................................................	940,000

 

Schedule—continued.

£
THE POSTMASTER-GENERAL’S DEPARTMENT—continual.
Brought forward...................................................................	940,000
Buildings for Postmaster-General’s Department—continued.
Western Australia.
Additions and Alterations.—Geraldton, Perth—Stores.
New Buildings.—Cottesloe, Perth, Warrawagine.
Sundry Offices.—For works costing not more than £300 in each case.
Tasmania.
Additions and Alterations.—Hobart, Queenstown, Sheffield.
New Buildings.—Hobart, Newtown.
Sundry Offices.—For works costing not more than £300 in each case.
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Erection of wireless stations and testing and experimental equipment .................	1,500
Total Postmaster-General’s Department...........................	941,500
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THE DEPARTMENT OF HEALTH.
Under Control of Department of Works and Railways.
Serum and Health Laboratories.........................................................................	5,000
Acquisition of properties and sites.....................................................................	100
Total Department of Health.................................................	5,100
_________ THE DEPARTMENT OF MARKETS.
Under Control of Department of Markets.
Advances to States and to the Administrator of the Northern Territory for purchase of wire and wire netting......................................................................................................	40,000
_________ REDEMPTIONS.
Redemption of loans raised by the Government of South Australia on account of the Port Augusta-Oodnadatta Railway..................................................................................	54,395
Total........................................................................	1,920,000