The Public Purposes Loan Act 1901 (SA)

A. D. 1901.

No. 775.

An Act to authorise the Treasurer to raise Moneys to the amount of Eight Hundred and Twenty Thousand Five Hundred and Fifteen Pounds for various Public Works, and for other purposes.

[Assented to, December zn t, rpor .l

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

B the Parliament of South Australia, as fbllows:

1, This Act may be cited as " The I'ublic Purposes Loan Act, short title and

1901," and shall be incorporated with '' The Consolidated Stock and

775

Sinking Fund Act, 1896."

2. The 'Sreasurer may raise money to the amount of Eight Power tobormw.

Hundred and Twenty Thousand Five Hundrctl and Fifteen Pounds, by the issue and sale of South Australian Consolidated Stock, or of Treasury Bills, such 'l'reasury Sills bearing not more than three and

a halt' per centum annual interest, and having not more than five

years' currency, or partly one and partly the other.

3. All sums of money raised under this Act shall be carried by Application of

the Treasurer to separate and distinct accounts, and shall be applied to the several purposes set forth in the Schedule hereto, details

of which are contained in Parliamentary Paper No. 1 4 0 ~ of 1901,

and to the exteat therein set forth; and shall be applied by the Treasurer in such amounts and manner as the Governor, by warrant under his hand, countersigned by the Chief Secretary, may from time to time authorise and direct.

4. All

2 1" EDWARDI VII, No. 775. - - -

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The Public Purposes Loan Act.-1 90 1.

Salnriea to be sub-

mitted to Parliament. 4, All salaries of officers payable out of moneys raised under

this Act shall be annually submitted to Parliament.

Advances. 5, The Governor may, by warrant, countersigned by the Chief Secretary, authorise the Treasurer to advance to the proper Respon- sible Minister of the Crown, for the purposes of t,his Act, any sums of money not exceeding in the whole the sum hereby authorised to be raised; and an amount equal to the sums of money so advanced shall be retained by the Treasurer out of any moneya raised by him under the authority of this Act, and applied in repayment of the moneys so advanced.

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

this Bill.

TENNY SON, Governor.

SCHEDULE

I" EDWARDI VII, No. 775.

SCHEDULE REFERRED TO.

Railways ....................................................

Harbor Improvements.. ........................................

Waterworks ..................................................

Jetties ......................................................

Lighthouses ................................................

Sewers ......................................................

Construction of Roads ........................................

Buildings, &C.'. .............................................

Other Loan Works, ...........................................

Add Estimated Cost of Floating Loan, &c. ..............

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Adelaide: By authority, C. E. BRI~TOW, Government Printer, North Terrace.