THE
COMMONWEALTH OF AUSTRALIA.
__________
LOAN
(No. 3).
––––––
No. 55 of 1943.
An
Act to authorize the Raising and Expending of a certain Sum of Money.
[Assented to 19th October, 1943.]
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.
3) 1943.
Commencement.
2. This Act shall come into operation
on the day on which it receives the Royal Assent.
Authority to borrow £200,000,000.
3. The Treasurer may, from time to
time, borrow, under the provisions of the Commonwealth
Inscribed Stock Act 1911-1940, or under the provisions of any Act
authorizing the issue of Treasury Bills, moneys not exceeding in the whole the
amount of Two hundred million pounds.
Purposes for which money may be expended.
4. The amount borrowed may 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 £200,000,000.
5. There may be issued and applied out
of the proceeds of any loan raised under the authority of this Act, or of any
other Act, the sum of Two hundred million pounds for war purposes.
_________________
By Authority: L. F. Johnston,
Commonwealth Government Printer, Canberra.
F.6438.—Price
3d.