Main Roads (Amendment) Act 1939 (NSW)

MAIN KOADS (AMENDMENT)

ACT.

Act No. 42, 1939.

An Act to amend the Main Roads Act, 1924-1938, and the Motor Traffic Act, 1909-1937, in certain respects; and for purposes connected therewith. [Assented to, 13th November, 1939.]

EE it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis-	lative Council and Legislative Assembly of New South
Wales in Parliament assembled, and by the authority of the same, as follows :—

1 . (1) This Act may he cited as the "Main Eoads

(Amendment) Act, 1939."

(2) The Main Roads Act, 1924-1938, as amended by

this Act, may be cited as the Main Eoads Act, 1924-1939.

under

2 . The Main Eoads Act, 1924-1938, is amended—

(a) by inserting at the end of paragraph (a) of subsection one of section ten the following words:—

For the purposes of this paragraph the pro- ceeds of the taxes collected under the Motor Vehicles (Taxation) Act, 1924, as amended by subsequent Acts, on the vehicles referred to in this paragraph shall be deemed not to include so much of the proceeds of the taxes collected

under tha t Act as so amended and under the Motor Vehicles (Taxa t ion) Act, 1939, on such vehicles, as is a t t r ibutable to the increase in the taxes upon vehicles imposed by the Motor Vehicles (Taxa t ion) Act, 1939.

(b) by inserting next after subsection (4B) of section th i r teen the following new subsection:—

(4c) I n addit ion to the payments required to be made by subsections three, four, (4A) and (4B) of this section the Commissioner shall, in respect of tha t p a r t of the financial year ending on the th i r t ie th day of June , one thousand nine hundred and forty, which commences on the day appointed and notified pu r suan t to section two of the Motor Vehicles (Taxa t ion) Act, 1939, and in respect of each succeeding financial year , p a y to the T r e a s u r e r from the County of Cum­ ber land Main Roads F u n d for the credit of the Consolidated Revenue F u n d such sums as may be required to provide for interest , sinking fund and other loan charges on loans which were appropr i a t ed for met ropol i tan main roads after the first day of Ju ly , one thousand nine hundred and twenty-eight, and before the day so appointed and notified, and which were not

required by the T r e a s u r e r to be repaid.

The ra tes , t e rms and conditions of payments in accordance with this subsection shall be as agreed upon by the Commissioner and the Treasure r .

(e) by inser t ing at the end of p a r a g r a p h (a) of

subsection one of section twenty the following

words :—

F o r the purposes of this p a r a g r a p h the pro­

ceeds of the taxes collected under the Motor Vehicles (Taxa t ion) Act, 1924, as amended by subsequent Acts, on the vehicles refer red to hi this p a r a g r a p h shall be deemed not to include so much of the proceeds of the taxes collected under tha t Act, as so amended, and under the Motor Vehicles (Taxa t ion) Act, 1939, on such vehicles, as is a t t r ibutable to the increase in the taxes upon vehicles imposed by the Motor

Vehicles (Taxa t ion) Act, 1939. (d)

(d) by inserting next after subsection (3A) of sec­ t ion twenty-one the following new subsect ion:—

(3B) I n addi t ion to the payments requi red to be made by subsections two, three and (3A) of th is section the Commissioner shall, in respect of tha t p a r t of the financial yea r ending on the th i r t ie th day of J u n e , one thousand nine hun­ d red and forty, which commences on the day appoin ted and notified p u r s u a n t to section two of the Motor Vehicles (Taxa t ion) Act, 1939, and in respect of each succeeding financial year , p a y to the T r e a s u r e r from the Count ry Main Roads F u n d for the credit of the Consolidated Revenue F u n d such sums as m a y be requi red to provide for interest , s inking fund and other loan charges on loans which were a p p r o p r i a t e d for count ry main roads af ter the first d a y of Ju ly , one thou­ sand nine hundred and twenty-eight , and before the day so appoin ted and notified, and which were not required by the T r e a s u r e r to be repaid .

The ra tes , t e rms and condit ions of paymen t s

in accordance with this subsection shall be as agreed upon by the Commissioner and the T rea su re r .

(e) (i) by inser t ing at the end of subsection one of

section twenty-nine the following new

p a r a g r a p h : —

(e) so much of the proceeds of the taxes collected unde r the Motor Vehicles (Taxa t ion) Act, 1924, as amended by subsequent Acts , and under the Motor

Vehicles (Taxa t ion) Act, 1939, as is

a t t r ibu tab le to the increase in the

taxes upon vehicles imposed by the Motor Vehicles (Taxa t ion) Act, 1939.

(ii)   by inserting at the end of the same section the following new subsect ions:—

(4) The Commissioner shall, in respect of tha t p a r t of the financial year ending on the th i r t i e th day of J u n e , one thousand nine hundred and forty, which commences on the day appointed and notified p u r s u a n t to

section

section two of the Motor Vehicles (Taxa t ion) Act, 1939, and in respect of each succeeding financial year , p a y to the T r e a s u r e r from the Developmental Roads F u n d for the credi t of the Consolidated Revenue F u n d such sums as may be requi red to provide for interest , s inking fund and other loan charges on loans appropr i a t ed for develop­ menta l roads and developmental works af ter the thirty-first d a y of December, one thou­ sand nine hundred and twenty-four, and before the day so appointed and notified, and on loans which a re app rop r i a t ed for developmental roads and developmental works af ter the day so appointed and notified and which a re required by the

T r e a s u r e r to be repaid .

The ra tes , t e rms and conditions of pay­
ments in accordance with this subsection

shall be as agreed upon between the

Commissioner and the T reasu re r .

(5) There shall be provided from the Developmental Roads F u n d and pa id into the County of Cumber land Main Roads Fund—

(a)	in respect of that part of the finan­ cial yea r ending on the th i r t ie th day of June , one thousand nine hundred and forty, which com­ mences on the day appointed and notified pu r suan t to section two of the Motor Vehicles (Taxa t ion) Act,
1939, a sum which bears the same
propor t ion to the sum of five thous­ and pounds as such p a r t of tha t financial year bears to the whole of
tha t financial y e a r ;
(b)	in respect of the financial year ending on the th i r t ie th day of J u n e , one thousand nine hundred and forty-one, and each succeeding financial year , the sum of five
thousand pounds .

( 6 )

(6) There shall be provided from the Developmental Eoads Fund and paid into the Country Main Eoads Fund—•

(a)	in respect of that part of the finan- cial year ending on the thirtieth day of June, one thousand nine hundred and forty, which com- mences on the day appointed and notified pursuant to section two of the Motor Vehicles (Taxation) Act, 3939, a sum which bears the same proportion to the sum of fifty-two thousand pounds as such part of that financial year bears to the whole of that financial year;
(b)	in respect of the financial year ending on the thirtieth day of June, one thousand nine hundred and forty-one, and each succeeding financial year, the sum of fifty-two thousand pounds.