State Advances Reserve Fund, Real Property Acts Assurance Fund, and Savings Bank Stock Account Transfer Approval Act of 1931 (22 Geo v No. 41) (Qld)

1;3750 FU~ DS. State Adt'ances. Etc., Approval Act. 22 GEO. V. No. 41, FUNDS. 22N~ ~ ~ i~ ' An Act to Approve, Ratify, Validate, and Confirm ~ ~ ~ ~~ ~: the Transfer, during the Financial Year ended F~ ~ ~ R; ! E on the Thirtieth day of June, One thousand nine p! ~ ~ TY hundred and thirty-one, to the Consolidated AS; ~ ~ : ~ ' ! CE Revenue of certain Sums of Money out of the FUND, AND THE SAVINGS BANK STOCK ACCOUNT TRANSFER A~ : ~ ~ oJ~ ~ l. Reserve Fund in the State Advances Fund constituted under "The State Advances Act of 1916," and out of the Assurance Fund established under" The Real Property Acts, 1861 to 1887," respectively, to provide for the Transfer to the Loan Fund Accoun t of a certain Sum oflVIoney at present in the Savings Bank Stock Account (constituted pursuant to "The Government Savings Bank Stock Acts, 1894 to 1897"); and for other purposes. [ASSENTED TO 24TH DECEMBER, 1931.J B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows;- PART 1.- l' RELDn~ . \ RY. PART I.-PRELIMINARY. Short title. 1. This Act may be cited as "The State Advances Reserve Fund, The Real Property Acts Ass~ lrance Fund, and the Savings Banlc Stock Account Transfer Approval Act of 1931." Parts of Act. 2. This Act is divided into Parts as follows ;- PART I.-PRELIMINARY; PART H.-STATE ADVANCES RESERVE FUND TRANSFER ApPROVAL; PART HL-REAL PROPERTY ACTS ASSURANCE FUND TRANSFER ApPROVAL; PART IV.-SAVINGS BANK STOCK ACCOUNT TRANSFER ApPROVAL.

FUNDS. 13751 1931. State Advances, Etc., Approval Act. PART n.-STATE ADVANOES RESERVE FUND TRANSFER PART n.- STATE ADVANCES RESERVEi FUND TRANSFER: ApPROVAL. APPROVAL. 3. Whereas the amount standing to the credit of Preamble to the Reserve Fund in the State Advances Fund con- ~ : ~: eII. re stituted under the provisions of *"The State Advances Advances Act of 1916" as at the thirtieth day of June, one ~ ~~ ~ ve thousand nine hundred and thirty, was the sum of OneTransier hundred and forty-five thousand pounds (more or less): Approval. And whereas such amount was considered to be greatly in excess of any amounts likely to be required to meet any amounts lawfully payable from such Reserve Fund pursuant to the said Act: And whereas an amount of One hundred thousand pounds was, during the financial year ended on the thirtieth day of June, one thousand nine hundred and thirty-one, transferred by the Treasurer of Queensland from the said Reserve Fund and paid into the Consolidated Revenue: And whereas it is expedient to approve, ratify, validate, and confirm such transfer by the Treasurer of Queensland- It is hereby declared and enacted as is hereinafter in this Part set forth. 4. The provisions of this Part of this Act shall be Construction read as one with *"The State Advances Act of 1916," of Part n. herein referred to in this Part as the Principal Act. 5. Notwithstanding anything to the contrary con- Approval, tained in the Principal Act or in any other Act or law, !~ ~sf!rtt~ the transfer by the Treasurer of Queensland during the the!reasurer financial year commencing on the first day of July, one ~ ~ ~ ~ ! ~ he thousand nine hundred and thirty, and ending on year ended the thirtieth day of June, one thousand nine hundred g~ ; ; e 139~ tf and thirty-one, to the Consolidated Revenue of the sum to' , of One hundred thousand pounds out of the Reserve RCeovnesnouliedaotefd Fund in the State Advances Fund (constituted under the SUm of and pursuant to the p • rovisions of the Principal Act) is £ 0 fl0ROe, s0e0r0veout hereby approved, ratIfied, validated, and confirmed, Fund of and the Government of Queensland and the Treasurer ~ ~ te and the State Advances Corporation (created under the Fu~ ~~ ces Principal Act) are hereby indemnified against all claims and liabilities in respect of such transfer as aforesaid. * 7 Geo. V. No. 17, Bupra, page 9603.

13752 FUNDS. PART HI.- REAL PROPERTY State Ad1'anccs, Etc., Approval Act. 22 GEO. V. ?\o. 41, ACTS ASS F U U R N A D NCE PART lIl.-REAL PROPERTY ACTS ASSURANCE FUND TRANFER ApPROVAL. TRANSFER ApPROVAL. Preamble to 6. Whereas the amount standing to the credit of Part Ill. the Assurance Fund established at the Treasury r P e roRpeearlty un . de . r *"The Real Pror r nerty Act ' s 186 . 1 to 1 ' 887 " as at the Acts thIrtIeth day of June, one thousand lllne hundred and ~ ~ ~ ~ ance thirty-one, was the sum of Two hundred and twenty-one Transfer thousand six hundred and ten pounds twelve shillings, of Approval. which amount Forty-five thousand five hundred pounds is invested in securities as provided by the aforesaid Acts, leaving a cash balance of One hundred and seventy-six thousand one hundred and ten pounds twelve shillings: And whereas such amount has been for many years and is considered to be greatly in excess of any amounts likely to be required to meet any amounts lawfully payable from such Fund pursuant to the said Act: And whereas an amount of One hundred and seventy- six thousand one hundred and ten pounds twelve shillings was, during the financial year ended on the thirtieth day of June, one thousand nine hundred and thirty-one, transferred by the Treasurer of Queensland from the said Fund and paid into the Consolidated Revenue: And whereas it is expedient to approve, ratify, validate, and confirm such transfer by the Treasurer of Queensland- It is hereby declared and enacted as 'is hereinafter in this Part set forth. Construction 7. The provisions of this Part of this Act shall be of Part Ill. read as one with and as an amendment of *"The Real Property Acts, 1861 to 1887," herein collectively referred to in this Part as the Principal Act. Approval, 8. Notwithstanding anything to the contrary con- !~ ~ s~ ~ rt~ ~ tained in the Principal Act or in any other Act or law, the!reasurer the transfer by the Treasurer of Queensland during the ~ : ' ~ ~ a~ he financial year commencing on the first day of July, one year ended thousand nine hundred and thirty, and ending on the ~ ~ ; ~ \ ~ ~ \ h thirtieth day of June, one thousand nine hundred and to' • thirty-one, to the Consolidated Revenue of the sum of ~ ~ ~ : ~ ~ ~ a~ ~ d One hundred and seventy-six thousand one hundred and the sum of ten pounds twelve shillings out of the Assurance Fund g~ . 6~ ~ ~ O established pursuant to the provisions of the Principal of the Act is hereby approved, ratified, validated, and confirmed, ~ ~ ~ J~ nce and the Government of Queensland and the Treasurer * 25 Vic. No. 14 and amending Acts, supra, pages 2984 et seq. (See j Alphabetical Table.)

PUNDS. 13753 ----------- - - - - PART III.- 1931. State Advances, Etc., A_pproval Act. REAL PROPERTY ACTS and the Registrar of Titles and any officer of· the ASS F t U :R N A D NCE Government are hereby indemnified against all claims ATpRPRAONVFEARL. and liabilities in respect of such transfer as aforesaid. 9. It is hereby declared that upon maturity of the Further securities for the sum of Forty-five thousand five hundred :~ ~ ~~ ~ to pounds aforesaid, being part of the Assurance Fund inves~ e. d invested pursuant to the Principal Act in securities, securlt18S. such sum of Forty-five thousand five hundred pounds (less any amounts which may prior to the date of such maturity have been paid therefrom pursuant to the provisions of the Principal Act and as is hereinafter provided) may be transferred to the Consolidated Revenue, anything in any Act to the contrary notwithstanding. 10. It is hereby declared that from and after the Furt~ ~r P assing of this Act all sums of money received by th . e AprsOsVuIrSalnOcnes re Registrar of Titles pursuant to sections thirty-six, thirty- Fund. eight, forty-one, and Schedule R of *"The Real Property Act of 1861" or under any other provisions of the Principal Act requiring payments to be made to the Assurance Fund and paid to the Treasurer under the Principal Act shall, instead of being paid into a separate Assurance Fund, be paid by the Treasurer into and shall form part of the Consolidated Revenue. 11. It is further declared that from the passing of Pay,ment. out this Act and up to the date of the maturity of the afore- ~ ! s~ ~ ~ dof said securities all amounts awarded by any verdict, verdicts. judgment, or decree of the court as is set forth in section forty-two of the Principal Act, and lawfully payable from the Assurance Fund, shall be paid out of the amount of Forty-five thousand five hundred pounds referred to above as invested in such securities: Provided that the provisoes to section forty-two of *"The Real Property Act of 1861" shall extend and apply. And from and after such date as aforesaid all such amounts as aforesaid shall be defrayed out of the Consolidated Revenue. 12. Save as aforesaid, nothing in this Act shall Saving of prejudice or in any wise affect the provisions of the r~~ cipal Principal Act, and without limiting the generality of this provision, all sums specified in sections thirty-six, * 25 Vic. No. 14, supra. page 2984. z

13754 FUNDS. PART III.- REAL PROPERTY State Advances, Etc., Approval .fief. 22 GEO. V. .:\0. 41, ACTS _\S F S1 m :R m ANCE thirty-eight, forty-one, and Schedule R of *"The Real _\ T P R P A R N O F V E A l; L l . Property Act of 1861" or under any other provisions of the Principal Act requiring payments to be made to the Assurance Fund shall be and continue to be so payable, and the provisions of the Principal Act shall have and continue to have full force and effect accordingly. PART IV.- SAVINGS BANK STOCK ACCOUNT PART IV.-SAVINGS BANK STOCK ACCOUNT TRANSFER ApPROVAL. TRANSFER ApPROVAL. Preamble to 13. Whereas by virtue of the provisions of t"The Part IV. re Government Savings Bank Stock Acts, 1894 to 1897," BSaavnikngSstock provision was made for the creation of Government Account Savings Bank Stock and for the investment therein of T A r p a p n r s o f v e a r l. moneys deposited in the Government Savings Bank: And whereas it was provided by section six of the said Acts that upon the allotment of any stock issued thereunder, the amount standing in the books of the Queensland Government Savings Bank in the name of the depositor to whom such stock was allotted should be debited with the current price of such stock upon the date of the acceptance of the depositor's application, and that the amount so debited should be transferred to the Treasurer and by him placed to the credit of an Account to be called "The Savings Bank Stock Account" : And whereas it was provided by section eight of the said Acts that all moneys so transferred to the Treasurer as aforesaid should be applied by him for the purchase and redemption of any Queensland Govern- ment Debentures, Treasury Bills, or Inscribed Stock issued under the authority of any Loan Act or Acts, and for the payment of any commission, costs, and expenses incurred in effecting any such purchase, and not otherwise; and that all Debentures and Inscribed Stock so purchased as aforesaid should thereupon be cancelled: And whereas the sum of One million three hundred and eighty-one thousand six hundred and ten pounds fifteen shillings was transferred to the Treasurer in pursuance of the said last-mentioned section, of which amount a sum of One million and eighty-three thousand two hundred and forty-five pounds ten shillings and six- pence was applied to the purchase of Treasury Bills and * 25 Vie. No. 14, supra, page 2984. t 58 Vie. No. 31 and 61 Vie. No. 8, supra, pages 121 and 124.

FUNDS. 13755 PART IV.- 1931. State Advances, Etc., Approval Act. SAVINGS BANK STOCK ACCOUNT TRANSFER Debentures (of the face value of One million and eighty- ApPROVAL. one thousand pounds), leaving the sum of Two hundred and ninety-eight thousand three hundred and sixty-five pounds four shillings and sixpence to the credit of the Savings Bank Stock Account (referred to aforesaid) at the thirtieth day of June, one thousand nine hundred and sixteen: And whereas it is enacted by subsection two of section three of * "The Queensland Government Savings Bank Act of 1916" that after the commencement of slich Act (namely after the first day of January, one thousand nine hundred and seventeen), no Queensland Government Savings Bank Stock shall be issued under t"The Government Savings Bank Stock Acts, 1894 to 1897," and those Acts shall remain in force only for the purpose of the stock already issued thereunder: And whereas the balance at credit of the Savings Bank Stock Account (namely the sum of Two hundred and ninety-eight thousand three hundred and sixty-five pounds four shillings and sixpence) has not been applied for the purchase and redemption of Queensland Govern- ment Debentures, Treasury Bills, or Inscribed Stock issued under the authority of any Loan Act or Acts, as provided in section eight of the first-mentioned Acts, but has been allowed to remain at the credit of the Savings Bank Stock Account since the date abovementioned : And whereas in consequence of the provisions of t"The Oommonwealth and States Financial Agreement Ratification Act of 1927" and §"The Debt Oonversion Agreement Act of 1931" it is not now necessary that the amount standing at credit of the Savings Bank' Stock Account (namely the sum of Two hundred and ninety-eight thousand three hundred and sixty-five pounds four shillings and sixpence) should be app lied in the manner prescribed by t"The' Government Savings Bank Stock Acts, 1894 to 1897" : And whereas it is desirable that the Treasurer should be authorised to transfer such amount so standing to the credit of the Savings Bank Stock Account as aforesaid to the Loan Fund Account. * 7 Geo. V. No. 17, 8upra, page 7406 (consolidated form, page 9603). t 58 Vic. No. 31 and 61 Vic. No. 8, 8upra, pages 121 and 124. :j: 18 Geo. V. No. 22, 8ttpra, page 1185l. § 22 Geo. V. No. 2, 8upra (this volume.)

13756 FUNDS-GAMING. PART IV.- SAVINGS BANK S'fOCK ACCOUNT TRANSFER ApPROVAL, Racing Regulation ]i'urther Amendment Act. 22 G~ o. V. No. 9, It is hereby declared and enacted as is hereinafter in this Part set forth. Construction 14. The provisions of this Part of this Act shall be of Part IV. read as one with and as an amendment of *" The Government Savings Bank Stock Acts, 1894 to 1897." Authority of 15. Notwithstanding any Act or law to the contrary, Ttrraenassfuerrer to t he Treasurer 0 f QueensIand ' IS hereby authOr'Ised and amount of empowered to transfer to the Loan Fund Account the ! ; . 9~ :' 6:t amount of Two hundred and ninety-eight thousand three credit in hundred and sixty-five pounds four shillings and sixpence ~~ ings standing to the credit of the Savings Bank Stock Bank Stock Account (constituted pursuant to the provisions of !~ c~ ~ ~ to *"The Government Savings Bank Stock Acts, 1894 to Fund 1897 "), as hereinbefore in this Act set forth, and all Account. acts, matters, or things done or to be <;lone before, at, or after the commencement of this Act for the purpose of such transfer are approved, authorised, and ratified, and are and shall be valid for all purposes whatsoever; and the Treasurer and any officer of the Government of Queensland are hereby indemnified against all claims and liabilities in respect of such transfer as aforesaid. GAMING. See VAGRANTS. 22 GEO. v. An Act to Amend "The Racing Regulation Amend- N; ~ : . ment Act of 1930" in a certain particular. R! ~ ~ :T~ ON [ASSENTED TO 1ST OCTOBER, 1931.] FURTHER . AMENDMENT BE it enacted by the King's Most Excellent MaJesty, AOT OF 1931. by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- Short title 1. This Act may be cited as " The Racing Regulation and . Further Amendment Act of 1931," and shall be read as constructIOn. one Wl 'th t"Th e R ac~ . ng R egu l a ' twn A men d ment Act· oIJ 1930," herein referred to as the Principal Act. The Principal Act and this Act may collectively be cited as "The Racing Regulation Amendment Acts, 1930 and 1931." * 58 Vie. No. 31 and 61 Vic. No. 8, supra, pages 121 and' 124. t 21 Geo. V. No. 27, supra, page 12906.