War Service Homes (South Australia) Agreement Act 1934 (Cth)
WAR SERVICE HOMES (SOUTH AUSTRALIA) AGREEMENT.
An Act to approve an Agreement made between His Majesty’s Government of the Commonwealth of Australia and His Majesty’s Government of the State of South Australia, and for other purposes.
[Assented to 30th July, 1934.]
BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
“Commissioner” means the War Service Homes Commissioner; “properties” includes any insurance thereon;
“the Agreement” means the Agreement a copy of which is set forth in the Schedule to this Act;
“the Bank” means the State Bank of South Australia, and includes the Board of Trustees of that Bank, and any State Authority which has, under the Agreement dated the seventeenth day of October, One thousand nine hundred and twenty-two, and made between the Prime Minister for and on behalf of the Commonwealth of Australia and the Premier of the State of South Australia for and on behalf of that State, provided homes or taken any titles or securities for or in connexion with War Service Home
the
(
a )all the estate, right, title, and interest of the Bank in and to the properties shall by force of this Act be transferred or assigned to and vested in the Commissioner;(
b ) all duties, obligations and liabilities of the Bank, howsoever arising, in respect of the properties (other than such duties, obligations and liabilities as are imposed by or arise under the Advances for Homes Act Amendment Act, 1932 of the State of South Australia) shall be duties, obligations and liabilities of the Commissioner and may be enforced against the Commissioner;(
c ) (i) all duties, obligations and liabilities of any person to the Bank in respect of the properties shall be duties, obligations and liabilities to the Commissioner, and may be enforced by the Commissioner in his own name;(ii) all the estate, right, title, interest and obligation of any person in respect of the properties shall be subject in all respects to the
War Service Homes Act 1918;1932 and the Regulations there under for the time being in force:Provided that the period of years which the Bank has allowed to any such person for the payment of the purchase money in respect of any property or the repayment of any advance together with interest thereon, as the case may be, shall not be varied or affected by this Act;
(
d ) all powers, functions and discretions exercisable, and remedies enforceable, by the Bank in respect of the properties shall be exercisable and enforceable by the Commissioner in his own name;(
e ) all powers, functions and discretions exercisable, and remedies enforceable, by any person against or in relation to the Bank in respect of the properties shall be exercisable and enforceable against or in relation to the Commissioner;(
ƒ ) the properties shall cease to be subject to the Advances for Homes Acts, 1928 to 1932 of the State of South Australia;(
g ) whenever in respect of the properties any right, power, duty, obligation or liability depends upon the Bank being of a certain opinion or being satisfied, that right, power, duty, obligation or liability shall depend lipon the Commissioner being of that opinion or being satisfied; and(
h )all contracts, securities and other documents relating to the properties shall be read and construed in all respects as if all references therein to the Bank were references to the Commissioner.
THE SCHEDULE.
Memorandum of Agreement made the twenty-fifth day of June One thousand nine hundred and thirty-four between the Commonwealth of Australia of the one part and the State of South Australia of the other part:
Whereas by an Agreement (herein called “the Principal Agreement”) dated the seventeenth day of October One thousand nine hundred and twenty-two and made between the Prime Minister for and on behalf of the Commonwealth of Australia of the one part and the Premier for and on behalf of the State of South Australia of the other part it was agreed that the Commonwealth should advance moneys to the State of South Australia so that the State should through the Board of Trustees of the State Bank of South Australia (constituted under the Laws of the said State) and within the boundaries of the said State make advances and grant assistance to persons eligible for such advances or assistance under the War Service Homes Acts and Regulations there under of the Commonwealth:
And Whereas the State of South Australia has in accordance with the provisions of the said Principal Agreement been carrying out by means of the State Bank of South Australia the undertaking of providing War Service Homes as aforesaid:
And Whereas it has been agreed between the parties hereto to enter into this Agreement with the object of terminating the Principal Agreement insofar as it may be in operation and legally binding on the parties thereto and to effectuate the transfer and assignment to and the vestment in the War Service Homes Commissioner (a body corporate under the War Service Homes Acts of the Commonwealth) of ail the right title and interest of the State of South Australia and/or of the State Bank of South Australia in and to all the War Service Homes and securities provided or taken by the State of South Australia and/or the State Bank of South Australia in accordance with the Principal Agreement:
Now This Agreement Witnesseth as follows:—
1. In this Agreement unless the contrary intention appears—
“Bank” means the State Bank of South Australia and includes the Board of Trustees, of the Bank and any State Authority which has under the Principal Agreement provided homes or taken any titles or securities for or in connexion with War Service Homes.
“Borrower” has the same meaning as that expression has in the
War Service Homes Act 1918–1932 and includes a borrower from the State or the Bank.“Commissioner” means the War Service Homes Commissioner.
“Commonwealth” means the Commonwealth of Australia.
“Principal Agreement” means the said recited Agreement dated the seventeenth day of October, One thousand nine hundred and twenty-two including any variations thereof.
“Purchaser” has the same meaning as that expression; has in the
War Service Homes Act 1918–1932 and includes a purchaser from the State or the Bank. “State” means the State of South Australia.“War Service Homes” means dwelling houses and/or lands provided or held by the State and/or the Bank under the Principal Agreement.
2. Except as regards Clause 3 hereof this Agreement—
(
a ) shall have no force or effect and shall not be binding on either party hereto unless and until such legislative authority as is necessary to enable it to be carried into effect shall have been obtained; and(
b ) shall commence and come into full force and effect upon the date upon which it shall have been approved by the respective Parliaments of the Commonwealth and the State.
The Schedule—
(
a ) all homes provided or held for the purposes of War Service Homes by the State and/or the Bank under the Principal Agreement;(
b ) all securities for advances made by the State and/or the Bank for the purposes of War Service Homes;(
c ) all agreements and all undertakings made with the State and/or the Bank or given to the State and/or the Bank by purchasers borrowers and other persons in respect of the homes and securities to be transferred or assigned to and vested in the Commissioner under this Agreement
as from a date to be proclaimed by His Excellency the Governor-General of the Commonwealth for the purpose and to deliver to the Commissioner all documents of title securities agreements undertakings instruments or other documents whatsoever held by the State and/or the Bank and relating to such homes and advances.
(
a ) all homes provided by the State and/or the Bank for purposes of War Service Homes under the Principal Agreement;(
b ) all securities for advances made by the State and/or the Bank for purposes of War Service Homes; and(
c ) all agreements and all undertakings made with the State and/or the Bank or given to the State and/or the Bank by purchasers borrowers and other persons in respect of the homes and securities to be transferred or assigned to and vested in the Commissioner under this Agreement
as from the said date to be proclaimed by His Excellency the Governor-General as aforesaid.
(
a ) any act of negligence or default on the part of the State and/or the Bank which has resulted in the title or security in respect of any home or advance being defective which title or security would not have been defective but for such negligence or default on the part of the State and/or the Bank;(
b ) any clerical error made by the State and/or the Bank with respect to the particulars of payments by any purchaser or borrower;
The Schedule—
(
c ) any error made in carrying out building operations for any purchaser or borrower which error has resulted in an unjustifiable encroachment upon any land or easement or out of any unjustifiable encroachment upon any land or easement of any home purchased by the State and/or the Bank or in respect of which money has been advanced by the State and/or the Bank; and(
d ) the destruction of or damage to any such home or any property to which any such security relates caused prior to the said date to be proclaimed by His Excellency the Governor-General as aforesaid by fire lightning flood and tempest of which notice is received by the Bank from the purchaser or borrower as the case may be within two months after such date.
In Witness whereof the Prime Minister for and on behalf of the Commonwealth of Australia and the Premier for and on behalf of the State of South Australia have hereunto set their respective hands and seals the day and year first above written.
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