GEORGII VI REGIS - South Australian Legislation

(1)

22

Short title.

Interpretation.

Power to borrow.

Application of money ••

ANNO NONO

. GEORGII VI REGIS.

A.D. 1945.

****************************************************

No. 7 of 1945.

An Act to authorize the Treasurer to raise moneys to the amount of three million seven hundred thousand pounds for various public works, and for other purposes.

[.Assented to 8th November, 1945.]

BE IT ENACTED by the Governor of the State of South Australia, with the. advice and consent of the Parliament thereof, as follows :

1. This Act may be cited as the" Publio Purposes Loan Aot,

1945" •

2. In this Act "Financial Agreement" means the Financial Agreement made between tbe Commonwealth and all the States and set out in the schedule at the end of the Amending Financial Agreement Act,

19::t4.

3. The Treasurer may arrange for the sum of three million seven hundred thousand pounds to be borrowed in accordance with the Financial Agreement on behalf of the State.

4. All sums of money borrowed under section

3

of this Act shall be applied to the several purposes set forth in the first schedule to this Act, and to the extent set forth in that schedule;

alid shall be applied by the Treasurer in such amounts and

manner as the Governor, by warrant under his hand, counter-

signed by the Chief Secretary, from time to time authorizes and

directs.

(2)

5. All salaries of officers, payable out of moneys borrowed

~::,~:e~::

under this Act, shall be annually submitted to Parliament.

ParUament.

6. The Governor may, by warrant countersigned by the

^Advancel.

Chief Secretary, authorize the Treasurer to advance to the proper responsible Minister of the Crown, for the purposes of this Act, any sums of money not exceeding in the whole the amount authorized by tills Act to be borrowed; and an amount equal to the sums of money so advanced shall be retained by the Treasurer out of any moneys borrowed under the authority of this Act, and applied in repayment of the moneys so advanced.

7. In addition to the amount of three million seven hundred

~;~~ ~oney

thousand pounds authorized by section

3

of this Act to

r~~:~~n8ee

be borrowed, there may be borrowed under that section . such sum as will be sufficient to pay all discounts, charges,

and other expenses incurred in connection with the borrowing of that amount of three million seven hundred thousand pounds and the amount of those discounts, charges, and other expenses shall be charged proportionately to the several purposes set forth in the first schedule to this Act.

8.

(1)

In this section and in the following section" moneys

Re-appllcatl on

credited to Loan Account" means money received by the

~:e.wren:fo

T reasurer

^III

· repayment

⁰f

avances ma e or ot er sums d d h

^{the loan}^account.

expended out of moneys borrowed under any Act, and surplus revenue credited to the loan account in accordance with section

30

of the Public Finance Act,

1936.

(2)

The Treasurer may apply any moneys credited to the loan account for the time being in his hands to the several purposes set forth in the second schedule to this Act and to the extent therein set forth, and in such amount and manner as the Governor by warrant under his hand countersigned by the Chief Secretary from time to time authorizes. and directs.

9. Whenever the Treasurer receives any repaid loan moneys

Bntries of

he shall make a reduction corresponding to the amount so

~~=~nts ^In

received, in the debits of the appropriate loan accounts in the

^accounts.

books of the Treasurer.

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

C. W. M. NORRIE, Governor.

(3)

1945· Public Purposes Loan Act, 1945. NO·7·

SCHEDULES.

THE FIRST SCHEDULE.

Utulertakings to be Paid for out ~f Loans raised pursuant to this .Act.

Undertaking.

LANDS.

CrOWD Lands Development Act RAILWAYS.

Railway Accommodation (portion of expenditure only) ... .

ENGINEERING AND WATER SUPPLY DEPARTMENT.

Adelaide and Millbrook Water District (portion of expenditure only) ... . Adelaide Sewers (portion of expenditure only) .... . Country Water Districts (portion of expenditure

To~nl~i~~~ ·w ^~te~ ^. ^Di~iri~i ^. ^(p~rii~~ ^. ~f 'pdit~

only) ... . Warren Water District ... .

ARCHITECT-IN-CHIEF.

School Buildings (portion of expenditure only) Police and Courthouse Buildings ': ... . Agricultural College ... . Other Government Buildings (portion of expenditure

_ .only) ... .

MISCELLANEOUS.

Expenses and Discounts of Floating Conversion Loans South Australian Housing Trust-Wartime and

Postwar Housing ... . Leigh Creek Coal Field (portion of expenditure only) Enfield General Cemetery ... .

Total ... .

Amount.

£ £

350,000 100,000 20,000 40,000 33,000

80,000 24,000 15,000 50,000

1,300,000 600,000 50,000 10,000

500,000

528,000

543,000

169,000

1,960,000

£3,700,000

(4)

THE SECOND SCHEDULE.

Unilertalci'f/{/8 to be Paid for out of Moneys Oredited to the Loan Account.

Undertaking.

STATE BANK.

Advances for Homes ... . Loans to Producers ... . Advances to Settlers ... . Loans for Fencing and Water Piping ... . Vermin Proof Fencing ... . Advances to State Bank (under Part VIA of the

State Bank Act 1925-1941) ... .

LANDS.

Land Repurchase for Closer Settlement ... .

IRRIGATION AND DRAINAGE.

Irrigation and Reclamation of Swamp Lands ... . Lessees Reclaimed Swamp Lands-Loans to ... . South-Eastern Drainage ... .

WOODS AND FORESTS.

Afforestation ... .

RAILWAYS.

Railway Accommodation (portion of expenditure only) ... .

HARBORS BOARD.

Harbors Accommodation (including the acquisition of harbor works and lands generally by the Harbors Board) ... .

ENGINEERING AND WATER SUPPLY.

Morgan-Whyalla Water Main ... . Adelaide and Millbrook Water District (portion of expenditure only) ... . Adelaide Sewers (portion of expenditure only) .... . Country Water Districts (portion of expenditure only) ... . Barossa Water District ... . Beetaloo, Bundaleer, and Baroota Water District ..

Tod River Water District (portion of expenditure only) ... . Water Conservation ... . River Murray Weirs, Dams, Locks, Etc ... . Metropolitan Floodwaters ... .

•

Amount.

£

200,000 20,000 5,000 5,000 5,000 23,000

100,000 2,000 3,000

30,000 76,000 60,000 30,000 30,000 68,000 126,000 1,000 20,000 1,000

258,000

100,000

105,000

310,000

250,000

73,000

442,000

'I

I

(5)

26

1945· Public Purposes Loan Act,

1945.

NO·7·

Undertakings to be Paid for out of Moneys Oredited to the Loan Account- continued.

Undertaking.

ARCHITECT-IN-CHIEF.

Hospital Buildings " ... . School Buildings (portion of expenditure only) ... . Other Government Buildings (portion of expenditure only) ... .

MISCELLANEOUS.

Produce Stores ... . Settlement of Discharged Soldiers on the Land, 1914-1918 ... ' ... . Lower River Broughton Irrigation Trust-Loan to ..

Leigh Creek Coal Field (portion of expenditure only)

•

Amount.

£ £

62,000 121,000 14,000

15,000 7,150 6,850 100,000

197,000

129,000

£1,864,000

GEORGII VI REGIS - South Australian Legislation

ANNO NONO

. GEORGII VI REGIS.

A.D. 1945.

****************************************************

No. 7 of 1945.

An Act to authorize the Treasurer to raise moneys to the amount of three million seven hundred thousand pounds for various public works, and for other purposes.

BE IT ENACTED by the Governor of the State of South Australia, with the. advice and consent of the Parliament thereof, as follows :

1. This Act may be cited as the" Publio Purposes Loan Aot,

2. In this Act "Financial Agreement" means the Financial Agreement made between tbe Commonwealth and all the States and set out in the schedule at the end of the Amending Financial Agreement Act,

3. The Treasurer may arrange for the sum of three million seven hundred thousand pounds to be borrowed in accordance with the Financial Agreement on behalf of the State.

4. All sums of money borrowed under section

of this Act shall be applied to the several purposes set forth in the first schedule to this Act, and to the extent set forth in that schedule;

alid shall be applied by the Treasurer in such amounts and

manner as the Governor, by warrant under his hand, counter-

signed by the Chief Secretary, from time to time authorizes and

directs.

5. All salaries of officers, payable out of moneys borrowed

under this Act, shall be annually submitted to Parliament.

6. The Governor may, by warrant countersigned by the

7. In addition to the amount of three million seven hundred

thousand pounds authorized by section

of this Act to

be borrowed, there may be borrowed under that section . such sum as will be sufficient to pay all discounts, charges,

and other expenses incurred in connection with the borrowing of that amount of three million seven hundred thousand pounds and the amount of those discounts, charges, and other expenses shall be charged proportionately to the several purposes set forth in the first schedule to this Act.

8.

In this section and in the following section" moneys

credited to Loan Account" means money received by the

T reasurer

· repayment

avances ma e or ot er sums d d h

expended out of moneys borrowed under any Act, and surplus revenue credited to the loan account in accordance with section

of the Public Finance Act,

9. Whenever the Treasurer receives any repaid loan moneys

he shall make a reduction corresponding to the amount so

received, in the debits of the appropriate loan accounts in the

books of the Treasurer.

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

C. W. M. NORRIE, Governor.

1945· Public Purposes Loan Act, 1945. NO·7·

SCHEDULES.

To~nl~i~~~ ·w ~te~ . Di~iri~i . (p~rii~~ . ~f '~~p~~dit~

£ £

•

£

'I

I

1945· Public Purposes Loan Act,

NO·7·

•

£ £

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