Treasury Bills Act 1904 (SA)

ANNO QUARTO

EDWARDI V11 REGIS.

A.D. 1904.

No. 847.

An Act to provide for the raising of a sum not exceeding One Million One Hundred and Eighty Thousand Pounds by the issue of Treasury Bills.

[Assented to, Sejtember zrst, 1904.1

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. The Treasurer of the State of South Australia may issue from : F ; ; ; ; ; ; ? :

time to time Bills, to be called " Treasury Bills," for the purpose ism of Treasury of raising any sum or sums of money, not exceeding the sum of	amended.	Sec. 1, A C ~	788, 1902,
One Million One Hundred and Eighty Thousand Pounds.

2, Every such Treasury Hill shall be signed by the Treasurer, and Bille, how to be

registered by the Commissioner of Audit, and shall when due be eigned and registered. Ibid, sec. 4, amended

payable to the holder on presentation thereof, being not more than When payable. seven years from the date of such Bill, and shall bear interest at the Rate intemt. rate of Four Pounds per centum per annum, and such interest shall

be payable half-yearly, and paid on presentation of the coupon byi When interest

the holder of such coupon; but no interest shall accrue due on any payable.

such Bill after the due date for the payment of the principal.

and intended to be secured and made payable thereby, and all interest &neral Revenue of to be paid out of 3, All the principal moneys mentioned in such Treasury Bills, Principal and interest

thereon, shall be a charge upon, and shall be payable out of, the the Northem Teni-

General Revenue of the Northern Territory of the said State; but

should the General Revenue of the said Northern Territory prove Ibid,	69
insufficient the General Revenue of South Australia is hereby appro-

847 priated

4 O EDWARDI VII, No. 847.

priated for payment of all the said principal moneys aud interest, and any moneys paid out of the General Revenue of South Australia under this Act shall be a charge upon the General Account of the said Northern Territory.

and coup0ns to

be payable at 4. All the said Treasury Bills, when due, and all coupons for

Treasur V. interest thereon, shall be pavable bv the said Treasurer at the

1902, pa, Treasury of the 'said. State InW~delaide, or at the office of the said

Act

sec. 7.	State in London, at the discretion of the Treasurer.
Bills Act, 1902,

Sections of Treasury 5. Sections 2, 3, 10, 11, 12, 13, and 14 of Act No. 788 of 1902

included in this A C ~.	shall be read and construed with this Act, as if such sections were
specifically included herein.

Moneys raised to be	6, All such sums of	money as shall be raised by Treasury Bills
crdited to the

Northern Territory. under the authority of this Act shall be credited to the General

Ibid,sec. 15,amended. Account of the Northern Territory of the said State,

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

this Bill.

GEORGE R. LE HUNTE, Governor.

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Adelaide: By authority, (3. E B a ~ s ~ o w, Government Printer, North Tel-rdce.