Local Government Validation Act 1919 (NSW)

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LOCAL GOVERNMENT VALI

DATION ACT.

Act No. 11, 1919.

An A c t to validate and authorise temporary
borrowing by the B r o k e n Hi l l Munic ipa l
Counci l in excess o f t he l imi t provided by
t h e L o c a l Gove rnmen t A c t , 1 9 0 6 ; to amend
cer ta in proclamat ions under the Valua t ion
o f L a n d Ac t , 1 9 1 6 ; and for those purposes
to amend those Acts . [Assented to, 2 6 t h
November , 1 9 1 9 . ]
lative Council and Legislative Assembly of Now South BE it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis-
Wales in Parliament assembled, and by the authority of
the same, as follows :— -

1 . This Act may cited as the " L o c a l Government Validation Act, 1919 . "

2 . (1) The council of the municipality of Broken
Hill may borrow a sum not exceeding nine thousand
pounds as an additional temporary borrowing under the
Local Government Act, 1906, notwithstanding that
thereby the temporary borrowings of the council will
exceed the limit allowed by the said Act.

(2) I t shall not be necessary for the said council

to obtain the Minister's consent to the borrowing
authorised by this section.

(4) Any action taken by the said council in

anticipation of the passage of this Act is hereby
validated.

(5)

(3) Any money borrowed under this section shall

be borrowed upon terms requiring that it shall be
wholly repaid on or before the thirtieth day of June,
one thousand nine hundred and twenty.

(.">) The moneys borrowed under Una section may be applied in assisting any of the funds of the council.

3 . Notwithstanding anything to the contrary in the Valuation of Land Act, 191(5 — in any case where, before the. commencement of this Act, the provisions of Parts V and VI of the said Act have been proclaimed as coming' into force in any valuation district or area on the first day of January in any year, the said provisions

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of December of the hist preceding year.

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