Grafton to South Brisbane Railway Act 1929

Overview

The Grafton to South Brisbane Railway Act 1929, enacted by the Commonwealth Parliament, was designed to amend the Grafton to South Brisbane Railway Act 1924-1926. This legislation sought to address the need for additional financial resources to complete the Grafton to South Brisbane railway project. The primary objective was to adjust the borrowing and advance-making authority to accommodate the increased funding requirements for the project's completion. This Act updated the financial provisions of the Principal Act by amending the authorised borrowing and advance-making limits from four million to four million three hundred and fifty thousand pounds. This adjustment was essential to ensure the project could proceed without financial hindrance, thereby facilitating the development of critical infrastructure and connectivity between Grafton and South Brisbane.

Scope and Application

The Grafton to South Brisbane Railway Act 1929 applies to the entities and conduct involved in the construction, operation, and administration of the Grafton to South Brisbane Railway as initially established under the Grafton to South Brisbane Railway Act 1924-1926. This Act specifically amends the financial provisions of the original Act, particularly in terms of the authority to borrow and make advances, thereby impacting the financial operations of the railway within the Commonwealth of Australia. It extends its jurisdictional reach to the entire Commonwealth, encompassing both state and federal administrative frameworks. There are no explicit exclusions, exemptions, or thresholds mentioned in the text, but the Act’s amendments to financial provisions suggest its primary focus is on financial aspects of the railway's operation. Additionally, while the Act itself does not explicitly mention the use of subordinate instruments to extend or restrict its application, such instruments could potentially be employed to further detail financial management or operational protocols concerning the railway.

Key Provisions

The Grafton to South Brisbane Railway Act 1929 (C1929A00024) amends the Grafton to South Brisbane Railway Act 1924-1926. The key operative sections of this Act involve amendments to the borrowing and advance-making authority of the railway project. Specifically, Section 2 amends the borrowing authority by increasing the total amount from Four million to Four million three hundred and fifty thousand. Similarly, Section 3 modifies the advance-making authority by making the same change in the amount from Four million to Four million three hundred and fifty thousand. This Act imposes specific obligations on the parties involved in the railway project. It mandates that the borrowing and advance-making authority must be strictly adhered to the new figures provided in the Act. The authority to borrow and make advances is now Four million three hundred and fifty thousand, superseding the previous figures stipulated in the Principal Act. These changes ensure that the financial mechanisms for the project are updated to reflect the new requirements. Breaches of the provisions in this Act may lead to various consequences. While the Act does not explicitly detail offences or penalties for non-compliance, failure to adhere to the authorised borrowing and advance-making amounts could result in legal repercussions. This could potentially include civil liability for any financial discrepancies or criminal charges if the breaches are deemed to be deliberate or negligent. The precise nature and severity of these penalties would depend on the specific circumstances and any additional relevant legislation or common law principles applicable at the time.