The Public Purposes Loan Act 1910 (SA)

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GEORGII V REGIS.

A.D. 1910.

No. 1028.

An Act to authorise the Treasurer to raise Moneys to

the amount of Four Millions Seven Hundred

and Thirty-two Thousand Pounds for various.

Public Works, and for other purposes.

[Assented to, Drcember 7th, 1910.1

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

follo W s:

BE

with the advice and consent of the Parliament thereof, as

the extent therein set forth; and shall be applied by the Treasurer in such mounts 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

1, Thie Act may be cited as "The Public Purposes Loan Act, Short title.

1910."

2,

The Treasurer may raise money to the amount of Four Millions Power to borrow.

Seven Hundred and Thirty-two Thousand Pounds, by the issue and sale of South Australian Inscribed Stock or Treasury Bills, such Stock and Bills, bearing not more than four per centum annual interest, interest payable half-yearly: Provided that the repayment of the principal thereof shall not extend beyond thirty years from the time of issue.

to the several purposes set forth in the Schedule hereto, and to moneys.

3, All sums of money raised under this Act shall be applied Applimtionof

I " GEORGII V, No. 1028.

The Public Purposes Loan Act .-l

9 10.

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-

f3tdHI.i~

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.

Advancer.

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 this 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 moneys raised by him under the authority of this Act, and applied in repayment of the moneys so advanced.

Expenses incurred.

6, 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 connection with the floating of loans, and such account shall be credited annually with contri- butions 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.

Expensee of carrying

7, All discounts, charges, and other expenses already incui~ed

or

Out Act

of

to be incurred in connection with the securities issued under

The

190-5.

Redemption of Public Securities Act, 1905," and all other expenses of carrying out the purposes of the said Act, shall be

* charged to the account mentioned in section 6 of thia Act, and such account shall be credited annually with contributions from the General Revenue not being less than ten per centum of the amount of the discounts, charges, and other expenees mentioned in this section,

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

this Bill.

DAY H. BOSANQUET, Governor.

GEORGII

No.

SCHEDULE REFERRED TO.

Undertaking.

Amount.

RAILWAY S.

Rail way Accommodation-

E

E

Additional Requirements for Traffic, Locomotive, and

Way and Works

.............................. 300,000

Additional Holling-stock .......................... 610,000

Equipping Locomotives, Carriages. and Livestock Vehicles

with Westingh-mse Brake (first instalment)

........

iO,O(!O

Additional Machinery and Appliancee for Loco. WorkHhope

9,000

South Line, Adelaide to Murray Hridge-Strengthening

and1 mproving, and Relaying with 801b. Raib (first

instalment) .................................... 4C,000

Port Adelaide Station Yard Alterations (firet instalment)

40,000

Improving Existing EmployBs' Residencee ............

36,000

Providing Add tional Residences as required by the Staff

50,000

Additional Accon~modation, Adelaide, for Passenger and

Goods Traffic (second instalment)

................ 300,000

Additional Ihilway Offices (first instalment) ..........

30,000

Doubling Line, Islington to Gawler .................. 100,000

1,579,000

Yeelanna to Minippa Hill Railway ..............................

290,000

Tailem Bend to Brown's Well Railway ..........................

312,000

Gawler to Angaston Railway (second section). .....................

30,000

Cummins to LJarke's Peak Railway ..............................

220.000

Outer Harbor Railway-'1.0

complete ............................

90,0(10

Wallaroo Railway Jetty, Extension of. ...........................

35,000

HARBOR IMPROVEMENTS.

Deepening and Improvements at Port Adelaide ....................

150,000

Deepening and Improvements at Port Pirie

......................

26,000

Deepening and Improvemente at Oulporle ........................

20,000

Ocean Steamers' Wharf.

.......................................

60,000

Outer Harbor ................................................

250.000

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525,600

WATERWORKS.

Adelaide Water District ......................................

150.000

Country Water Districts ......................................

80,000

Beetaloo and Bundaleer Water Districts ..........................

80,000

Barossa Water District ........................................

80,000

390,000

DRAINAGE.

South-Eastern District

........................................

50,000

Adelaide Sewers, including Port Adelaide and Semaphore District ....

200,000

p-

260,000

I" GEORGII V, No. 1028.

The Public Purposes Loan Act.-1910.

Undeltaking.

Amount.

JETTIES AND LIGHTHOUSES.

f:

Jetties, vnrious

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

100,000

Lighthouses, various .........................................

Y,OOO

103,000

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BUILDINGS, ETC.

Erection

of

Schoolhouses

.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..

60,000

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OTHER LOAN WORKS.

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

Land Repurchase

............................................

Irrigation and Reclamation of Swamp Lan& .....................

Advances to Workers

.......................................

Afforestation-l'urchase

of L ~ n d

..............................

Total

..................... ..

..................

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. --.

-~ --P

~..

~

--

- - -

--

- - -- p

- -

- -

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- -

A d e w e: By authority, R. E. E. Roaa~s,

Government Printer, North Terrace.

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