Public Works Loan Act of 1879 No 35a (NSW)

No. XI.

mil l ions three hundred and fifty-two thousand seven hundred and	WHEREAS it is expedient to authorize the Government to borrow certain sums of money amounting in the whole to Seven
sixty-eight pounds for the several purposes hereinafter specified Be it therefore enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled and by the authority of the same as follows :—
1. It shall be lawful for the Governor with the advice of the Executive Council to raise by the sale of Debentures secured upon the Consolidated Revenue Fund of the Colony and bearing interest at a rate not exceeding four per centum per annum such several sums of money not exceeding in the whole the sum of Seven millions three hundred and fifty-two thousand seven hundred and sixty-eight pounds as

An Act to enable the Government to raise a Loan for certain Public Works. \24*th

July, 1879.]

as may be required for the following several purposes not exceeding
for the same respectively the several sums respectively set against such

purposes :—

RAILWAY s—

From Tamworth to Ten-

terfield 203 miles . . . £2,211,000 0 0

Less amount voted in

1876 . . . . . . 600,000 0 0

1,611,000 0 0

From Dubbo to the vicinity of Bourke 227

miles 1,450,000 0 0

From Gunnedah to a point opposite Nar-

rabri 60 miles 370,000 0 0

From Wal lerawang to Mudgee 85 miles . . . 735,000 0 0

F r o m Narrandera to H a y 105 miles . . . 735,000 0 0

From Goulburn to W a g g a W a g g a to com­

plete the line 100,000 0 0

For Trial Surveys	20,000	0	0
F o r the purchase of Railway Stores and materials which cannot properly be charged to the Appropriations of Par­ liament until actually issued for use— the vote to be recouped as issues take place	225,000	0	0
F o r Rolling Stock required during four years

ending 1882 620,000 0 0

5,866,000 0 0

HABBOUBS AND E I Y E B S — W A T E E S U P P L Y —

Sydney W a t e r Supply as per Estimate of

M r . Clarke 1,086,768 0 0

Sewerage—City of Sydney 400,000 0 0

1,486,768 0 0

TOTAL £7,352,768 0 0

2. All sums borrowed or authorized to be applied under this Act shall be paid to the Colonial Treasurer and shall be by him placed to the credit of the " General Loan Account."

3. The said Treasurer shall issue and pay the said several sums

for the purposes hereinbefore mentioned in such manner and in such
proportions as the Governor by any warrant or order in writing under his hand and directed to the said Treasurer shall from time to time order and direct And the payments so to be made shall be charged upon and payable out of the General Loan Account aforesaid.

4. The said Treasurer shall in his accounts from time to time

be allowed credit for every sum of money paid by him in pursuance

of such warrant or order in writing as aforesaid And the receipt of each and every person to whom the same shall be so paid shall be a full and valid discharge to the said Treasurer in passing his said accounts for each sum therein mentioned and he shall receive credit

for the same accordingly.-

5. This Act may be cited as the " Public Works Loan Act of

1879."