State Advances Act 1896 (SA)

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ANNO QUINQUAGESIMO NON0 ET SEXAGESIMO

VICTORIA3 REGINB.

A.

D. 1896.

No. 653.

An Act to amend "The State Advances Act, 1895."

[Assented to, November I&,

1896.3

E it Enacted by the Governor, with the advice and consent of

B

the Parliament of South Australia, as follows:

1, This Act may be cited as " The State Advances Amendment most title and incor-

Act, 1896," and shall be incorporated with

The State Advances poration.

Act, 1895."

2. Section 43 of '' The State Advances Act, 1895," is hereby state advancea on

repealed, and the following substituted in lieu thereof :-U

43. Where Crown learn.

Adelaide : Bp authority, C. E. Bamon; Government Printer, North-temoe.

the State advance is made on the security of a Crown lease the

L.

amount of the advance may be any sum not exceeding one-half of the selling value of such lease, including the interest of the holder

in any pemnnnent improvements on the land."

3. State advances may be made to all persons possessed of the TO whom state

91 advances may be

necessary securities as specified in '' The State Advances Act, 1895,

made.

and this Act, and not only to farmers and other producers.

4, The principal and interest of mortgage bonds may be paid in Principd and intereat

may be paid in

London.

London,

In the name and on behalf of Her Majesty, I hereby assent to

this Bill.

T. F. BUXTON, Governor.

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