State Housing Act Amendment Act (No. 2) 1969 (WA)

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No. 102.]

State Housing (No. 2).

[1969.

STATE HOUSING (No. 2).

No. 102 of 1969.

AN ACT to amend the State Housing Act, 1946-1969.

[Assented to 25th November, 1969.]

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent

of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows:—

Short title

and citation.

1. (1) This Act may be cited as the State Housing

Act Amendment Act (No. 2), 1969.

Reprinted in

Vol. 17 of the

(2)

In this Act the State Housing Act, 1946-1969

Reprinted

Acts.

is referred to as the principal Act.

Approved for

reprint 1st

March, 1961

and

(3)

The principal Act as amended by this Act

amended by

Acts Nos. 36

may be cited as the State Housing Act, 1946-1969.

of 1961,41 of

1964,11 of

1966, 50 Of

1968 and 11

of 1969.

1969.]

State Housing (No. 2).

[No. 102.

S. 3

2. Section 3 of the principal Act is amended

amended.

(a)

by substituting for the passage, "s.60A" in line nine, the passage, "ss. 60A to 60B"; and

(b)

by adding after the word, "BUILDING" in line ten, the words "OR PURCHASING".

Heading to

3. The heading to Part VIA. of the principal Act

Part VIA.

is amended by adding after the word, "BUILDING"

amended.

in line two, the words, "OR PURCHASING".

4. Part VIA. of the principal Act is amended by

S. 60B added.

adding after section 60A the following section-

Payment of

60B. (1) For the purpose of assisting

subsidies to

building

workers in obtaining houses and land by

societies on account of

subsidising the rate or amounts of interest

loans made

payable in respect of advances made to them

to workers.

by approved lending institutions, the Commis-

sion may, with the approval of the Minister

(a)

make payments, on such terms and conditions as the Minister approves, to approved lending institutions which make advances to approved workers on the security of freehold or leasehold property by way of mortgage;

(b)

enter into agreements with approved lending institutions in order to facilitate and regulate the making of payments under paragraph (a) of this subsection and to ensure compliance with the terms and conditions approved by the Minister pursuant to that paragraph.

(2) In this section

"approved lending institution" means an institution, body or person that is approved in writing by the Minister for the purposes of this section;

"approved worker" means a worker approved in writing by the Commission for the purposes of subsection (1) of this section;

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