Loan Control Act 1882 (WA)

WESTERN AUSTRALIA.

ANNO QUADRAGESIMO SEXTO

VICTORIA; REGINA,.

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No. 25

AN ACT to provide for the more effectual Control of all Monies raised by Loan for Public Works purposes.

[Reserved, 23rd. September, 1882.]

W31EREAS it is expedient to provide for the more effectualControl by the Legislature of all Mollies raised by Loan for

Public Works purposes: Be it enacted by His Excellency the Governor of Western Australia and its Dependencies, by and with the advice and consent of the Legislative Council thereof; as follows:—

1.    THIS Act may be cited for all purposes as " The Loan .

Control Act, 1882." Tale.

2.     SO much of the monies raised under any Loan Acts now or

hereafter to be in force in this Colony as may be required for the Loan expenditure for sal-

salaries and allowances of officers, or the wages of workmen, for abretesiaidbui:erel s'Legi:s: i.;tivoc

the purpose of the said Acts, and also for the construction of the Council-

46° VICTORTM, No. 25.

The Loan Control Act, 1882.

several buildings, and purchase of rolling stock which may be re- quired. for the purpose aforesaid, shall be annually submitted to the Legislative Council

3. AN estimate of the expenditure which it is proposed to

comma statement and esti-

mate of moposed expendi-	incur for the before mentioned purposes, during the ensuing twelve
ture to be submitted for	months, and. also a statement showing the works and purposes for

sanction of Lees! ' slice

council. or in respect of which all monies raised by loan have been applied during the preceding year, shall be laid before the Legislative Council as soon as possible after the ordinary annual meeting thereof, and the aforesaid estimate shall be submitted for the sanction of the Legislative Council. in the same manner as the anual estimate of expenditure for the public service.