The Public Purposes Loan Act 1908 (SA)

ANNO OCTAVO

EDWARDI VII. REGIS.

An Act to authorise the Treasurer to raise Moneys to the amount of Two Millions Four Hundred and Sixty-three Thousand Pounds for various Public Works, and for other purposes.

[Assented to, December 23 rd, 1908.1

E it Enacted by the Governor of the State of South Australia,

follows: B with the advice and consent of the Parliament thereof, as

1, This Act may be cited as "The Public Purposes Loan .Act, sh~~tt i t i eana

1908," and shall be incorporated with	The Consolidated Stock and inoo~mtion.
Sinking Fund Act, 1896."

2, The Treasurer may raise money to the amount of Two Power to borrow,

Millions Four Hundred and Sixty-three Thousand gounds, by the issue and sale of South Australian Consolidated Stock, Inscribed Stock, or Treasury Bills, such Stock and Bills, bearing not more than four per centum annual interest, interest pay able half-yearly: Provided that the repayment of the principal thereof shall not ex- tend beyond thirty years from the time of issue.

3, All sums of money raised under this Act shall be applied Appli(lllti~nof

to the several purposes set forth in the Schedule hereto, and to the extent therein set forth; and shall be applied by the Treasurer in sach amounts and manner as the Governor, by warrant under his hand, countersigned by the Chief Secretary, may from time to time authorise and direct.

972 4. All

2 8" EDWARDI VII, No. 972.

T h Pzlblic Pu~poses Loan A&-1908.

Expenses incurred. 4, All discounts, charges, and other expenses incurred in connec-

tion with the issue of the securities sold under this Act shall be charged to an account constituted for the purpose of paying discounts, charges, and other expenses incurred in coimection with the floating of loans, such account shall be credited annually with contributions from General Revenue, not being less than ten per centum of the amount of the expenses incurred in raising the money authorised to be raised under this Act.

Salnriea to be aub- 5, All salaries of officers payable out of moneys raised under

to Parliamwt. this Act shall be annually submitted to Parliament.

Advances. 6,

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 advauced shall be retained by the Treasurer out of any moneys raised by him under the authority of this Act, and applied in repayment of the moneys so advanced.

I n the name and on behalf of His Majesty, 1 hereby assent to

this Bill.

GEOICGE R. LE HUNTE, Governor

8" EDWARDI VII, No. 972. - -

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The Public Purposes Loan Act.-1908.

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SCHEDULE REFERRED '10.

I

Undertaking. Amount.

RAILWAYS.

Railway Accommodation- 2 £

Interlocking Dry Creek, Salisbury, Gawler, and Wasleys

Stations .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 38,000

Additional Rolling-stock .. .. .. .. .. .. .. .. .. .. .. .. .. 170,000

Doubling Line South Line Junction to Mitcham. .. .. .	18,000
Extending Line Mitcharn to Clapham ................	5,500
Houses for Maintenance and other Employ&. .. .. .. .. .	20,000
Additional Accommodation, Adelaide, for Passenger and

Goods Traffic (first instalment) .. .. .. .. .. .. .. .. .. . 100,000

361,500

Adelaide to Glenelg Railway .................................. 15,000

Port Lincoln Railway.. ........................................ 20,000

Gawler to Angaston Railway .................................. 214,000

Laura to Booleroo Centre Railway .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 82,500

Outer Harbor Railway-Doubling Line from Light's Passage to

Glanville and Extension to Port Adelaide .................... 1 90,000

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773,000

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HARBOR IMPROVEMENTS.

Deepening and Improvements at Port Adelaide .............,...... 30,000

Deepening and Improvements at Port Pirie ...................... 20,000

Deepening and Improvements at Outports ........................	5,000
River Murray Improvements. ..................................	10,000

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65,000

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WATERWORKS.

Adelaide Water District .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 100,000

Country Water Districts ......................................	10,000
Beetaloo and Bundaleer Water Districts ..........................	150,000
Barossa Water District ........................................	75,000
Pekina Creek Waterworks ....................................	25,000

360,000

DRAINAGE.

South-Eastern District (first instalment) ..........................	100,000
Adelaide Sewers, including Port Adelaide and Semaphore District (first

100,000

instalment) .............................................. -7

200,000

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JETTIES AND LIGHTHOUSES.

Jetties, various .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 50,000

Lighthouses,	various	.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..	20,000
70,000

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BUILDINGS, ETC.

Erection of Schoolhouses .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . 30,000

Produce Stores, Port Adelaide .................................. 90,000

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SCHEDULE

' 8 EDWARDI VII, No. 972.

The Public Purpses Loan Ad.-1908.

SCHEDULE REFERRED TO-contimred.

Undertaking. Amount.

O'I'HER LOAN WORKS. I

Vermin-proof Fencing ........................ .. ..............

Land Repurchase ............................................ i

Irrigation and Reclamation of Swamp Lands .....................

Leesees of Reclaimed Lands-Loans to ..........................

Advances to Settlers Fund ....................................

Total ................................ .. ........ 22,463,000

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