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Loan Act 1917

Authoritative Version
Act No. 30 of 1917 as made
An Act to authorize the Raising and Expending of the sum of One million eight hundred and sixty-two thousand pounds for certain purposes.
Date of Assent 22 Sep 1917
Date of repeal 06 Aug 1934
Repealed by Statute Law Revision Act 1934

 

LOAN.

 

No. 30 of 1917.

An Act to authorize the Raising and Expending of the sum of One million eight hundred and sixty-two thousand pounds for certain purposes.

[Assented to 22nd September, 1917.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1.    This Act may be cited as the Loan Act 1917.

Treasurer may borrow £1,862,000.

2.    The Treasurer may from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911-1915, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of One million eight hundred and sixty-two thousand pounds.

Purpose for which moneys may be expended.

3.    The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes set forth in the Schedule to this Act.


 

SCHEDULE.

Amount estimated to be expended in 1917-18.

Already available under Appropriations made by previous Acts.

Appropriated under this Act.

 

First Column.

Second Column.

Third Column.

 

£

£

£

UNDER CONTROL. OF DEPARTMENT OF WORKS AND RAILWAYS.

 

 

 

Flinders Naval Base—Buildings, Water Power, Light and other works.............................................................................................

45,000

..

45,000

Naval Bases, Works and Establishments—

 

 

 

Labour and Material.......................................................

213,000

..

213,000

Machinery and Plant and expenditure in connexion therewith......................................................................................

122,000

..

122,000

Cockatoo Island Dockyard—

 

..

 

Naval Engineering Works...............................................

80,000

..

80,000

Acetate of Lime Factory, including installation of plant            

34,000

..

34,000

General Arsenal—

 

 

 

Works and Buildings, including erection of residential quarters—towards cost................................................................

100,000

..

100,000

Perth General Post Office—towards cost

45,000

..

45,000

Contribution under River Murray Waters Art 1915.........

90,000

..

90,000

Railway from Darwin to Katherine River— Capital Expenditure.............................................................................................

26,000

..

26,000

Kalgoorlie to Port Augusta Railway....................................

622,000

622,000

..

Railway from Pine Creek to Katherine River and Southwards 

20,000

20,000

..

Railway—Completion of Construction Line and New Bridge on Queanbeyan Line and additional waterway on Queanbeyan to Canberra Line...................................................................

8,300

..

8,300

Capital required for the working of the “Plant and Stores Suspense Account” established by the Commonwealth Railways Act 1917.............................................................................................

200,000

..

200,000

Total under control of Department of Works and Railways.........................................................................

1,605,300

642,000

963,300

UNDER CONTROL, OF POSTMASTER GENERAL’S DEPARTMENT.

 

 

 

For the construction of Conduits and for laying wires underground.............................................................................................

271,239

167,239

104,000

UNDER CONTROL OF THE DEPARTMENT OF DEFENCE (MILITARY).

 

 

 

Acetate of Lime Factory—Machinery and Plant—towards cost.............................................................................................

20,000

..

20,000

General Arsenal—Machinery and Plant—towards cost             

25,000

..

25,000

Total under Control of Department of Defence (Military)         

45,000

..

45,000

Carried forward......................................................................

1,921,539

809,239

1,112,300


 

Schedule—continued.

Amount estimated to be expended In 1917-18.

Already available under Appropriations made by previous Acts.

Appropriated under this Act.

 

First Column.

Second Column.

Third Column.

 

£

£

£

Brought forward.......................................

1,921,539

809,239

1,112,300

UNDER CONTROL OF DEPARTMENT OF THE NAVY.

 

 

 

Cockatoo Island Dockyard—

 

 

 

Machinery and Plant, yard and floating plant...........

100,000

..

100,000

Construction of Fleet............................................................

400,000

..

400,000

Flinders Naval Depôt—Machinery and Plant..................

35,000

..

35,000

Wireless Telegraphy..............................................................

15,000

..

15,000

Total under Control of Department of the Navy......

550,000

..

550,000

UNDER CONTROL OF HOME AND TERRITORIES DEPARTMENT.

 

 

 

Purchase of Sites—

 

 

 

Land, Fairy Meadow, New South Wales

8,000

..

8,000

Land lying outside Federal Capital Territory..............

1,500

..

1,500

Land in Federal Capital Territory.................................

114,680

75,680

39,000

Land for Defence purposes generally..........................

38,000

..

38,000

Land for Naval Defence purposes, Cock-burn Sound          

20,000

..

20,000

Land for Port Stephens Naval Base.............................

25,000

..

25,000

Land for Post and Telegraph purposes........................

3,000

3,000

..

Land for Lighthouse Workshop, Store and Offices, Port Adelaide......................................................................................

4,500

..

4,500

Land for Lighthouse Workshop, Store and Offices, Brisbane......................................................................................

4,000

..

4,000

Land for Quarantine Stations, Lytton, Queensland, and Bunbury, Western Australia......................................................

500

..

500

Land for Laboratory at Royal Park, Melbourne.........

8,100

..

8,100

Total under Control of Home and Territories Department  

227,280

78,680

148,600

UNDER CONTROL OF DEPARTMENT OF TRADE AND CUSTOMS.

 

 

 

New Lighthouses (including upkeep of vessels for construction work) and optical and other apparatus for lightships..........

40,000

..

40,000

Additions to existing lighthouses.........................................

11,100

..

11,100

Total under Control of Department of Trade and Customs      

51,100

..

51,100

UNDER CONTROL OF PRIME MINISTER’S DEPARTMENT.

 

 

 

London Offices......................................................................

100,000

100,000

..

Total...........................................................................

£2,849,919

£987,919

£1,862,000