Loan Act (No. 2) 1927 (Cth)

 

LOAN (No. 2).

 

No. 27 of 1927.

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

[Assented to 18th October, 1927.]

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. 2) 1927.

Authority to borrow £7,600,000.

2. The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911–1918, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Seven million six hundred thousand 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 £7,217,696.

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 Seven million two hundred and seventeen thousand six hundred and ninety-six pounds for the purposes set forth in the Schedule to this Act.

 

SCHEDULE.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
Abstract.	£	£	£
WAR AND REPATRIATION SERVICES...........	900,000	161,829	738,171
PRIME MINISTER’S DEPARTMENT................	300,000	70,000	230,000
DEPARTMENT OF THE TREASURY................	1,322,000	..	1,322,000
HOME AND TERRITORIES DEPARTMENT	23,000	..	23,000
DEPARTMENT OF DEFENCE...........................	428,000	109,520	318,480
DEPARTMENT OF TRADE AND CUSTOMS......	58,658	2,150	56,508
DEPARTMENT OF WORKS AND RAILWAYS...	1,953,000	419,100	1,533,900
POSTMASTER-GENERAL’S DEPARTMENT.....	4,076,000	1,115,350	2,960,650
DEPARTMENT OF HEALTH............................	36,000	2,600	33,400
DEPARTMENT OF MARKETS AND MIGRATION	100,000	100,000	..
REDEMPTIONS—
NORTHERN TERRITORY LOANS..............	4,645	4,645	..
PORT AUGUSTA-OODNADATTA RAILWAY LOANS.................................................................	9,743	8,156	1,587
TOTAL...............................................	9,211,046	1,993,350	7,217,696

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
WAR AND REPATRIATION SERVICES.	£	£	£
Under Control of Department of Defence.
Expenditure arising out of requisition and use of vessels for transport services in connexion with Expeditionary Forces......	50,000	..	50,000
Expeditionary Forces— Pay and allowances, including amounts due to deceased soldiers’ estates..................................................................	1,640	410	1,230
Liabilities to Imperial Government in respect of Australian prisoners of War in Turkey..................................................	25,776	..	25,776
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)..	822,584	161,419	661,165
Total War and Repatriation Services	900,000	161,829	738,171
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.........................	300,000	70,000	230,000
DEPARTMENT OF THE TREASURY.
Under Control of Department of the Treasury.
Grafton to South Brisbane Railway...............................	1,322,000	..	1,322,000
HOME AND TERRITORIES DEPARTMENT.
Under Control of Department of the Treasury.
Loan to the Territory of New Guinea for Works	20,000	..	20,000
Under Control of Department of Works and Railways.
Purchase of properties for Home and Territories Department	3,000	..	3,000
Total Home and Territories Department................	23,000	..	23,000

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
£	£	£
THE DEPARTMENT OF DEFENCE.
Under Control of Department of Defence.
Machinery and plant for manufacture of munitions not now produced in Australia—towards cost	23,469	12,500	10,969
Under Control of Department of Works and Railways.
Naval Bases, Works and Establishments.......................	120,000	30,000	90,000
Construction of drill halls, mobilization stores, ordnance stores, rifle ranges, fortifications, barracks, and other accommodation and engineering works..................................................	27,000	5,900	21,100
Towards cost of construction of buildings, hangars, workshops, barracks and earthworks, and preparation of aerial routes and landing grounds:—
Royal Australian Air Force................................	140,000	35,000	105,000
Civil Aviation...................................................	5,700	2,250	3,450
Towards cost of construction of buildings and works generally in connexion with new munitions production at Maribyrnong, Footscray, Lithgow, and Wakefield..........................	100,000	20,000	80,000
Purchase of properties and sites:—
Properties and sites for military purposes..................	9,831	3,250	6,581
Properties and sites for Air Services—
Royal Australian Air Force................................	1,000	500	500
Civil Aviation...................................................	1,000	120	880
Total Department of Defence....................	428,000	109,520	318,480
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.	25,751	700	25,051
Alterations of lighthouse services.................................	29,947	1,200	28,747
Establishing means of communication..........................	1,850	..	1,850
Under Control of Department of Works and Railways.
Construction of two vessels for lighthouse purposes	1,000	250	750
Acquisition of land for Trade and Customs purposes.....	110	..	110
Total Department of Trade and Customs	58,658	2,150	56,508

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
THE DEPARTMENT OF WORKS AND RAILWAYS.	£	£	£
Under Control of the Department of Works and Railways.
Expenditure under River Murray Waters Act 1915–23......	293,000	75,000	218,000
Commonwealth Offices, Brisbane—towards cost................	30,000	250	29,750
Commonwealth Offices, Adelaide—towards cost................	130	100	30
Commonwealth Offices, Sydney—towards cost..................	29,870	250	29,620
Trans-Australian Railway............................................	180,000	27,500	152,500
North Australia Railway—minor capital works.................	3,700	100	3,600
Central Australia Railway............................................	66,000	13,900	52,100
Federal Territory Railway............................................	4,800	2,000	2,800
Provision for construction of new railways under the Northern Territory Railway Extension. Act 1923, the Oodnadatta to Alice Springs Railway Act 1926, and rolling stock, and the Railways. (South Australia) Agreement Act 1926 (on account of £4,689,250)..............................................................................	l,345,500	300,000	1,045,500
Total Department of Works and Railways...........	1,953,000	419,100	1,533,900
THE POSTMASTER-GENERAL’S DEPARTMENT.
Under Control of the Postmaster-General’s 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:—	4,024,500	1,115,000	2,909,500
Buildings for Postmaster-General’s Department.
New South Wales.
Additions and Alterations.—Ashfield, Berrigan, Boorowa, Canterbury, Chatswood, Condobolin, Cumnock, Dee Why, Dubbo, Glebe, Glen Innes, Goulburn, Grafton, Harden, Homebush, Junee, Kempsey, kogarah, Kyogle, Lismore, Manly, Mendooran, Moulamein, North Sydney, Orange, Parkes, Petersham, Queanbeyan, Randwick, Sydney—City North, Sydney General Post Office, Sydney—Stores Building, Tamworth, Tumbarumba, Uralla, Vaucluse, Wagga Wagga, Waratah, Waverley, West Maitland, West Wyalong
Carried forward.............................................	4,024,500	1,115,000	2,909,500

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£	£	£
Brought forward..............................................	4,024,500	1,115,000	2,909,500
Buildings for Postmaster-General’s Department—continued.
New South Wales—continued.
New Buildings.—Bexley, Branxton, Burwood, Cootamundra, Drummoyne, Edgecliffe, Griffith, Hamilton, Haymarket, Hurstville, Kandos, Lakemba, Lane Cove, Liverpool, Manly, Maroubra, Merewether, Millthorpe, Newcastle, Newtown, North Strathfield, North Sydney, Ourimbah, Rose Bay, Sydenham, Sydney—City South, Terrigal, Tullamore, Wahroonga, Wardell, Wickham, William Street, Willoughby, Yenda, Yeoval.
Sundry Offices.—For works costing not more than £300 in each case...............................................................................
Victoria.
Additions and Alterations.—Ararat, Ballarat, Birregurra, Brunswick, Camperdown, Carlton, Coleraine, Dandenong, Dimboola, Donald, Elmore, Frankston, Hamilton, Hawthorn, Lakes Entrance, Maffra, Malvern, Melbourne—Central Exchange, Melbourne—Elizabeth Street, Melbourne General Post Office, Melbourne—Sturt Street, Merino, Morwell, Murtoa, Nagambie, Numurkah, Penshurst, Preston, Rainbow, Rupanyup, Sandringham, Sea Lake, Shepparton, Sorrento, Sunshine, Swan Hill, Warrnambool, Werribee, Windsor..............................................................................
New Buildings.—Beeac, Bentleigh, Box Hill, California Gully, Canterbury, Caulfield East, Cohuna, Cressy, Daylesford, Elsternwick, Glen Iris, Goroke, Melbourne—Telegraph and Telephone Workshops, Melbourne—Electric Telegraph Office and Commonwealth Offices, Murrayville, Northcote, Oakleigh, Pakenham East, Prahran, Quambatook, South Melbourne, Trentham, Yallourn, Yarragon.................................
Sundry Offices.—For works costing not more than £300 in each case...............................................................................
Carried forward............................................	4,024,500	1,115,000	2,909,500

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£	£	£
Brought forward..........................................................	4,024,500	1,115,000	2,909,500
Buildings for Postmaster-General’s Department—continued.
Queensland.
Additions and Alterations.—Cairns, Emerald, Inglewood, Mareeba, Nambour, Redcliffe, Rockhampton.
New Buildings.—Allora, Brisbane—Central Exchange, Brisbane—Workshops and Garage, Bulimba, Coorparoo, Greenmount, Hughenden, Maxwelton, Muttaburra, Nundah, Paddington, Pialba, Prairie, Sherwood, South Brisbane, 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, Angaston, Bordertown, Curramulka, Georgetown, Kapunda, Kilkenny, Milang, Narracoorte, Norwood, Port Augusta, Port Lincoln, Port Pirie, Tumby Bay, Unley.
New Buildings.—Adelaide (Mile End), Brighton, Brinkworth, Bute, Clare, Cook, Eudunda, Glenelg, Hamley Bridge, Henley Beach, Kimba, Kooringa, Port Adelaide, Prospect, Semaphore, West Adelaide, Woodville.
Sundry Offices.—For works costing not more than £300 in each case.
Western Australia.
Additions and Alterations.—Bridgetown, Geraldton, Perth—Stores, Perth General Post Office.
New Buildings.—Corrigin, Cottesloe, Lake Grace, Narembeen, Perth, Perth—Garage, Warrawagine. Sundry Offices.—For works costing not more than £300 in each case.
Tasmania.
Additions and Alterations.—Hobart.
New Buildings.—Cygnet, Hobart, Hobart—Lineyard, Smithton.
Sundry Offices.—For works costing not more than £300 in each case.
Carried forward...........................	4,024,500	1,115,000	2,909,500

 

Schedule—continued.

—	Amount required in 1927–28.	Appropriated under Loan Act (No. 1) 1927.	Appropriated under this Act.
	First Column.	Second Column.	Third Column.
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£	£	£
Brought forward..................................................	4,024,500	1,115,000	2,909,500
Erection of wireless stations and testing and experimental equipment.....................................................................................	1,499	350	1,149
Subscription to capital of Amalgamated Wireless Limited....	50,001	..	50,001
Total Postmaster-General’s Department..........	4,076,000	1,115,350	2,960,650
THE DEPARTMENT OF HEALTH.
Under Control of Department of Works and Railways.
Serum and Health Laboratories....................................	31,000	2,100	28,900
Acquisition of properties and sites................................	5,000	500	4,500
Total Department of Health.....................	36,000	2,600	33,400
THE DEPARTMENT OF MARKETS AND MIGRATION.
Under Control of Department of Markets and Migration.
Advances to States and to North Australia and Central Australia for purchase of wire and wire netting (to be paid to credit of Trust Fund Wire and Wire Netting account)......................	100,000	100,000	..
REDEMPTIONS.
Redemption of loans raised by the Government of South Australia in respect of the Northern Territory..................................	4,645	4,645	..
Redemption of loans raised by the Government of South Australia in respect of the Port Augusta Oodnadatta Railway.......	9,743	8,156	1,587
Total......................................................	9,211,046	1,993,350	7,217,696