Grafton—South Brisbane Railway Act 1930

Overview

The Grafton—South Brisbane Railway Act 1930 was enacted to amend the Grafton—South Brisbane Railway Act 1924-1929, thereby updating and expanding the financial provisions for the construction of the Grafton to South Brisbane railway line. This Act was passed by the Parliament of the Commonwealth of Australia and assented to on 18 August 1930. The primary purpose of this legislation is to increase the financial authority available for the project, thereby addressing a gap in funding identified in the original act. By amending the principal act, this legislation facilitates the necessary additional financial resources for the continuation and completion of the railway line.

Scope and Application

The Grafton—South Brisbane Railway Act 1930 amends the Grafton—South Brisbane Railway Act 1924-1929, focusing on the authority of the railway to borrow and make advances. This Act applies specifically to the railway infrastructure and operations between Grafton and South Brisbane, within the jurisdiction of the Commonwealth of Australia. The legislative amendment pertains to financial capacities, increasing the borrowing and advance limits from four million three hundred and fifty thousand to four million four hundred and fifty thousand pounds. The Act does not explicitly state any exclusions or exemptions, nor does it delineate a threshold for its application. Its reach is confined to the financial aspects of the specified railway project, and its provisions are direct, without extension or restriction through subordinate instruments.

Key Provisions

The Grafton-South Brisbane Railway Act 1930 primarily serves to amend the Grafton-South Brisbane Railway Act 1924-1929. Section 1(2) specifies that the earlier act is referred to as the Principal Act in this context, while section 1(3) denotes the amended act as the Grafton-South Brisbane Railway Act 1924-1930. Section 2 of the Act amends the borrowing authority stipulated in section four of the Principal Act. Originally, the Principal Act allowed for a borrowing limit of four million three hundred and fifty thousand pounds, but this is amended to increase the borrowing limit to four million four hundred and fifty thousand pounds. Similarly, section 3 modifies section six of the Principal Act concerning the authority to make advances. The original amount, four million three hundred and fifty thousand pounds, is updated to match the revised borrowing limit of four million four hundred and fifty thousand pounds. The obligations imposed by the Grafton-South Brisbane Railway Act 1930 on the parties governed by it primarily involve financial limitations and modifications to the borrowing and advance authority. By amending sections 4 and 6 of the Principal Act, the Act stipulates that the borrowing and advance limits must now align with the new financial cap of four million four hundred and fifty thousand pounds. This change necessitates that any financial transactions, such as loans or advances, related to the Grafton-South Brisbane Railway project must adhere to the updated monetary constraints as outlined in the Act. Under the Grafton-South Brisbane Railway Act 1930, there are no explicitly stated offences, penalties, or civil/criminal consequences for breaches of the Act. However, the implications of not adhering to the revised financial limits could lead to legal repercussions under general financial governance and contract law principles. Given the nature of the amendments, non-compliance could potentially result in financial disputes, breaches of contractual obligations, or other legal actions by parties affected by the changes in borrowing and advance authority. The absence of specific penalties within the Act means that any legal consequences would be pursued under broader legislative frameworks governing financial and contractual obligations.