Loan Act (No. 2) 1928 (Cth)

  

LOAN (No. 2).

 

No. 33 of 1928.

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

[Assented to 22nd September, 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. 2) 1928.

Authority to borrow £10,700,000.

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 Ten million seven 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 £10,422,025.

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 Ten million four hundred and twenty-two thousand and twenty-five pounds for the purposes set forth in the Schedule to this Act.

___________

SCHEDULE.

______

ABSTRACT.

—	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
£	£	£
WAR AND REPATRIATION SERVICES .........	1,850,000	311,255	1,538,745
PRIME MINISTER’S DEPARTMENT................	325,000	75,000	250,000
DEPARTMENT OF THE TREASURY...............	675,000	100,000	575,000
HOME AND TERRITORIES DEPARTMENT....	658,500	10,000	648,500
DEPARTMENT OF DEFENCE..........................	273,100	66,250	206,850
DEPARTMENT OF TRADE AND CUSTOMS...	35,865	5,500	30,365
DEPARTMENT OF WORKS AND RAILWAYS	1,295,000	311,000	984,000
POSTMASTER-GENERAL’S DEPARTMENT..	3,800,000	941,500	2,858,500
DEPARTMENT OF HEALTH............................	21,000	5,100	15,900
DEPARTMENT OF MARKETS.........................	230,910	40,000	190,910
FEDERAL CAPITAL COMMISSION................	3,000,000	3,000,000
NORTH AUSTRALIA COMMISSION...............	122,900	122,900
REDEMPTIONS-PORT AUGUSTA OODNADATTA RAILWAY LOANS......................................	54,750	54,395	355
TOTAL..............................................	12,342,025	1,920,000	10,422,025

 

Schedule—continued.

——	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	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
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).................	1,800,000	311,255	1,488,745
Total War and Repatriation Services................	1,850,000	311,255	1,538,745
______ 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	75,000	225,000
Under Control of Prime Minister’s Department.
Subscription to capital of Commonwealth Oil Refineries Limited in accordance with Oil Agreement Act 1926........................	25,000	..	25,000
Total Prime Minister’s Department.................................	325,000	75,000	250,000
______ DEPARTMENT OF THE TREASURY.
Under Control of Department of the Treasury.
Grafton to South Brisbane Railway..........................................	675,000	100,000	575,000
______ HOME AND TERRITORIES DEPARTMENT.
Under Control of Department of the Treasury.
Loan to the Territory of New Guinea for Works	20,000	10,000	10,000
Under Control of Home and Territories Department.
Parliament House, Canberra (to be paid to Federal Capital Commission)	638,500	..	638,500
Total Home and Territories Department.............	658,500	10,000	648,500

 

Schedule—continued.

—	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	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
	43,000	10,000	33,000
Acquisition of Small Arms Ammunition Factory, Footscray—Instalments............................
	19,153	..	19,153
Under Control of Department of Works and Railways.
Naval Bases, Works and Establishments............	72,000	18,000	54,000
Construction of drill halls, mobilization stores, ordnance stores, rifle ranges, fortifications, barracks, and other accommodation and engineering works .....
	33,584	8,000	25,584
	Towards cost of construction of buildings, hangars, workshops, barracks and earthworks, and preparation of aerial routes and landing grounds for Royal Australian Air Force
		60,000	15,000	45,000
Towards cost of construction of buildings and works generally in connexion with new munitions production at Maribyrnong, Footscray, Lithgow, and Wakefield.................................................................
		42,847	15,000	27,847
	Purchase of properties and sites:—
	Properties and sites for military purposes......	1,516	..	1,516
Properties and sites for Royal Australian Air Force
	1,000	250	750
Total Department of Defence............	273,100	66,250	206,850
_____ 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.................................................
	17,000	3,000	14,000
	Alterations of lighthouse services......................	16,000	2,000	14,000
Establishing means of communication...............	2,000	500	1,500
Under Control of Department of Works and Railways.
Acquisition of land for Trade and Customs purposes.
	865	..	865
Total Department of Trade and Customs.	35,865	5,500	30,365

 

Schedule—continued.

—	Amount required in 1828-29.	Appropriated under Loan Act (No. 1) 1928.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
£	£	£
THE DEPARTMENT OF WORKS AND RAILWAYS.
Under Control or the Department or Works and Railways.
Expenditure under River Murray Waters Act 1915-23.....	250,000	70,000	180,000
Commonwealth Offices, Brisbane—towards cost..........	15,000	..	15,000
Commonwealth Offices, Sydney—towards cost.............	30,000	..	30,000
Trans-Australian Railway................................................	104,000	l9,500	84,500
North Australia Railway—minor capital works..............	3,000	500	2,500
Central Australia Railway...............................................	64,000	7,000	57,000
Federal Territory Railway...............................................	4,000	1,000	3,000
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)................................................................	825,000	213,000	612,000
Total Department op Works and Railways...	1,295,000	311,000	984,000
______ 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 here- under:—.........................	3,745,000	940,000	2,805,000
Buildings for Postmaster-General’s Department.
New South Wales.
Additions and Alterations.—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 .....................................	3,745,000	940,000	2,805,000

 

Schedule—continued.

___	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
£	£	£
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.
Brought forward.........................	3,745,000	940,000	2,805,000
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, Hopetoun, Kyneton, Leongatha, Maffra, Malvern, Melbourne—Central Exchange Melbourne —Elizabeth-street, Melbourne General Post Office, Morwell, Murtoa, Numur-kah, 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, Hawthorn—Telephone Exchange, Heidelberg, Ivanhoe, Melbourne—Telegraph and Telephone Workshops, Melbourne—Electric Telegraph Office and Commonwealth Offices, Oakleigh, Prahran, Quambatook, Underbool.
Sundry Offices.—For works costing not more than £300 in each case.
Carried forward........................	3,745,000	940,000	2,805,000

 

Schedule—continued.

—	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	Appropriated under this Act
First Column.	Second Column.	Third Colum
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£	£	£
Brought forward...............................	3,745,000	940,000	2,805 000
Buildings for Postmaster-General’s Department—continued.
Queensland.
Additions and Alterations.—Cairns, Dirrinbandi, Emerald, Greenmount, Inglewood, Kingaroy, Mareeba, Redcliffe, Rockhampton. New Buildings.—Allora, Brisbane—Central Ex-change, Brisbane—Workshops and Garage, Bulimba, Coorparoo, Hughenden, Isisford, 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, Yorketown. New Buildings.—Henley Beach, Port Adelaide, Semaphore, West Adelaide, Woodville. Sundry Offices.—For works costing not more than £300 in each case.
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.
Carried forward.........................	3,745,000	940,000	2,805,000

 

Schedule—continued.

___	Amount required in 1928-29.	Appropriated under Loan Act (No. 1) 1928.	Appropriated under this Act.
First Column.	Second Column.	Third Column.
THE POSTMASTER-GENERAL’S DEPARTMENT—continued.	£	£	£
Brought forward.........................	3,745,000	940,000	2,805,000
Erection of wireless stations and testing and experimental equipment........................................................	5,000	1,500	3,500
Subscription to capital of Amalgamated Wireless Limited........................................................................	50,000	..	50,000
Total Postmaster-General’s Department..	3,800,000	941,500	2,858,500
THE DEPARTMENT OF HEALTH.
Under Control of Department of Works and Railways.
Serum and Health Laboratories.............................	17,000	5,000	12,000
Acquisition of properties and sites.........................	4,000	100	3,900
Total Department of Health..........	21,000	5,100	15,900
THE DEPARTMENT OF MARKETS.
Under Control op Department op Markets.
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).......	230,910	40,000	190,910
______
LOAN TO FEDERAL CAPITAL COMMISSION	3,000,000	..	3,000,000
LOAN TO NORTH AUSTRALIA COMMISSION	122,900	..	122,900
_____ REDEMPTIONS.
Redemption of loans raised by the Government of South Australia in respect of the Port Augusta-Oodnadatta Railway........................................................................	54,750	54,395	355
Total........................................	12,342,025	1,920,000	10,422,025