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Loan Act (No. 1) 1926

Authoritative Version
Act No. 33 of 1926 as made
An Act to authorize the Raising and Expending of certain Sums of Money.
Date of Assent 29 Jul 1926
Date of repeal 06 Aug 1934
Repealed by Statute Law Revision Act 1934

THE COMMONWEALTH OF AUSTRALIA.


LOAN (No. 1).


No. 33 of 1926.

An Act to authorize the Raising and Expending of certain Sums of Money.

[Assented to 29th July, 1926.]

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 (No. 1) 1926.

Authority to borrow £3,500,000.

2. The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911-1918, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Three million five hundred thousand pounds.

Purpose for which money may be borrowed.

3. The amount borrowed shall be issued and applied only for the expenses of borrowing and for the purposes of appropriations made or to be made by law.

Issue and application of £11,650,889.

4. There may be issued and applied out of the proceeds of any Loan raised under the authority of any Loan Act, including the present Act, the sum of Eleven million six hundred and fifty thousand eight hundred and thirty-nine pounds for the purposes set forth in the Schedule to this Act.

Unexpended appropriations lapse.

5. Where on the thirtieth day of June One thousand nine hundred and twenty-six there remain unexpended any moneys appropriated by the Loan Act (No. 1) 1925 or the Loan Act (No. 2) 1925 the appropriation of the moneys so remaining unexpended shall lapse on that date.

SCHEDULE.

F11257.—Price 3d.


SCHEDULE.


Abstract.

£

WAR AND REPATRIATION SERVICES............................................................

938,202

PRIME MINISTER’S DEPARTMENT.................................................................

50,000

HOME AND TERRITORIES DEPARTMENT.....................................................

2,054,466

DEPARTMENT OF DEFENCE............................................................................

587,500

DEPARTMENT OF TRADE AND CUSTOMS....................................................

40,710

DEPARTMENT OF WORKS AND RAILWAYS.................................................

1,751,763

POSTMASTER-GENERAL’S DEPARTMENT....................................................

5,252,001

DEPARTMENT OF HEALTH..............................................................................

37,477

DEPARTMENT OF MARKETS AND MIGRATION...........................................

848,380

REDEMPTIONS—

 

PORT AUGUSTA-OODNADATTA RAILWAY LOANS................................

90,340

TOTAL...........................................................................................

11,650,839

SCHEDULE


Schedulecontinued.

WAR AND REPATRIATION SERVICES.

£

Under Control of Department of Defence.

 

Expenditure arising out of requisition and use of vessels for transport services in connexion with Expeditionary Forces............................................................

50,000

Final payment for purchase of ex-enemy vessels................................................

4,900

Refund to Imperial Government of hire money in respect of ex-enemy vessels.

58,000

Expeditionary Forces—

 

Pay and allowances, including amounts due to deceased soldiers’ estates

2,500

Expenditure in connexion with the distribution of medals and plaques,

and other Base Records work incidental to the service and records of members of the Australian Imperial Force.........................................................................

9,100

Liabilities in respect of adjustments between Australian Imperial Force and New Zealand Expeditionary Force abroad..............................................................

45,000

Miscellaneous expenditure in connexion with the Australian Imperial Force, including special expenditure by the High Commissioner’s Office................

200

Soldiers’ Mental Hospital, West Subiaco, Western Australia—Buildings and Equipment......................................................................................................

20,000

Under Control of Department of Works and Railways.

 

Expenditure under War Service Homes Act 1918-25 (to be paid to credit of Trust Fund, War Service Homes Account)..............................................................

748,502

Total War and Repatriation Services...................................................

938,202


THE PRIME MINISTER’S DEPARTMENT.

 

Under Control of Prime Minister’s Department.

 

Subscription to capital of Commonwealth Oil Refineries Limited, in accordance with Oil Agreement Act 1926.........................................................................

50,000


THE HOME AND TERRITORIES DEPARTMENT.

 

Under Control of Department of Treasury.

 

Loans for the Federal Capital Commission..........................................................

2,000,000

Loan to the Territory of New Guinea for Works.................................................

42,085

Under Control of Department of Works and Railways.

 

Purchase of Properties for Home and Territories Department..............................

385

Acquisition of land at Fairy Meadow, New South Wales.....................................

11,996

Total Home and Territories Department...............................................

2,054,466

 

SCHEDULE


Schedulecontinued.

 

£

THE DEPARTMENT OF DEFENCE.

 

Under Control of Department of Defence.

 

Subsidy to State of New South Wales towards construction of a floating dock at Walsh Island..................................................................................................

67,500

Oil fuel storage facilities

24,000

Machinery and plant for manufacture of munitions not now produced in Australia—towards cost.................................................................................

48,734

Under Control of Department of Works and Railways.

 

Naval Bases, Works and Establishments.............................................................

149,655

Construction of Drill Halls, Mobilization Stores, Ordnance Stores, Rifle Ranges, Fortifications, Barracks, and other accommodation and engineering works...

23,831

Towards cost of construction of Buildings, Hangars, Workshops, Barracks and Earthworks, and preparation of aerial routes and landing grounds:—

Royal Australian Air Force..........................................................................

140,000

Civil Aviation..............................................................................................

8,500

Towards cost of construction of buildings and works generally in connexion with new munitions production at Maribyrnong, Footscray, Lithgow, and Wakefield......................................................................................................

110,130

Purchase of properties and sites :—

 

Properties and sites for military purposes.......................................................

13,000

Properties and sites for Air Services—

 

Royal Australian Air Force..........................................................................

1,500

Civil Aviation..............................................................................................

500

Land for Munition Supply purposes...............................................................

150

Total Department of Defence.............................................................

587,500

Title: Horizontal line

THE DEPARTMENT OF TRADE AND CUSTOMS.

 

Under Control of Department of Trade and Customs.

 

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

18,300

Alterations of lighthouse services........................................................................

14,220

Under Control of Department of Works and Railways.

 

Construction of two vessels for lighthouse purposes—towards cost....................

8,000

Acquisition of land for Trade and Customs purposes..........................................

190

Total Department of Trade and Customs...........................

40,710

SCHEDULE


Schedulecontinued.

THE DEPARTMENT OF WORKS AND RAILWAYS.

£

Under Control of the Department of Works and Railways.

 

Expenditure under River Murray Waters Act 1915-23.........................................

252,500

Commonwealth Offices, Brisbane—towards cost...............................................

10,000

Commonwealth Offices, Adelaide—towards cost...............................................

4,763

Commonwealth Offices, Sydney—towards cost……………………………………..

10,000

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

130,000

Northern Territory Railway—minor capital works...............................................

3,000

Port Augusta-Oodnadatta Railway.......................................................................

81,000

Federal Territory Railway....................................................................................

20,500

New railway construction under the Northern Territory Railway Extension Act 1923 and the Railways (South Australia) Agreement Act 1926.......................

1,240,000

Total Department of Works and Railways...........................................

1,751,763


THE POSTMASTER-GENERAL’S DEPARTMENT.

 

Under Control of the Postmaster-General’s Department, the Home and Territories Department, and the Department of Works and Railways.

 

Construction and extension of telegraphs and telephones; construction of conduits and laying wires underground; Land for Post and Telegraph Purposes; also Buildings for the Postmaster-General’s Department as set out hereunder :—.................................................................................................

5,000,000

Buildings for Postmaster-General’s Department.

 

New South Wales.

 

Additions and Alterations.—Ashfield, Barmedman, Barraba, Bundarra, Bungendore, Canterbury, Chatswood, Cobargo, Cumnock, Dubbo, Eden, Glebe, Goulburn, Gunning, Harden, Henty, Hunter’s Hill, Junee, Kempsey, Kogarah, Lismore, Manilla, Manly, Mendooran, North Sydney, Orange, Parkes, Petersham, Portland, Randwick, Springwood, Sydney (General Post Office), Sydney (City North), Tamworth, Taree, Tumbarumba, Uralla, Urana, Wagga Wagga, Waratah, Waverley, West Wyalong, Yass..............................

 

New Buildings.—Balmain, Bankstown, Barellan, Belmore, Branxton, Bulli, Burwood, Coff’s Harbour Jetty, Coolamon, Cremorne, Drummoyne, Edgecliff, Erskineville, Gladstone, Gordon, Gosford, Griffith, Hamilton, Heymarket, Kandos, Kogarah, Lakemba, Liverpool, Manly, Maroubra, Merewether, Millthorpe, Mudgee, Narrabri, Neutral Bay, Newcastle, Newtown, North Sydney, Port Kembla, Smithtown, South Kensington, Sydenham, Sydney (City East), Sydney (City South), Turramurra, Wardell, Wentworthville, William-street, Yanko..........................................................

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

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

5,000,000

SCHEDULE


Schedulecontinued.

THE POSTMASTER-GENERAL’S DEPARTMENT—continued.

£

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

5,000,000

Buildings for Postmaster-General’s Departmentcontinued.

 

Victoria.

 

Additions and Alterations.—Ararat, Ballarat, Carlton, Coburg, Coleraine, Dimboola, Elmore, Fitzroy, Frankston, Geelong, Hamilton, Hawthorn, Horsham, Korumburra, Melbourne (General Post Office), Melbourne— (Elizabeth-street), Merino, Murtoa, Nagambie, Penshurst, Rainbow, Rupanyup, Sorrento, Sunbury, Sunshine, Tatura, Terang, Wangaratta, Werribee........................................................................................................

 

New Buildings.—Beeac, Box Hill, Bunyip, Canterbury, Cohuna, Cressy, Derrinallum, Elsternwiok, Fairfield, Goroke, Heyfield, Lismore, Melbourne (City Telephone Exchange), Melbourne (Electric Telegraph Office and Commonwealth Offices), Melbourne (Telegraph and Telephone Workshops), Murrayville, Northcote, Nyah West, Oakleigh, Pakenham East, Prahran, Redcliffs, South Melbourne, Trentham, Yallourn, Yarragon..........................

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

Queensland.

 

Additions and Alterations.—Barcaldine, Cairns, Clifton, Inglewood, Kingaroy, Longreach, Mareeba, Nambour, Rockhampton..............................................

 

New Buildings.—Albion, Allora, Brisbane General Post Office and Telephone Exchange, Brisbane (Workshops and Garage), Bulimba, Eumundi, Goondiwindi, Greenmount, Helidon, Indooroopilly, Julia Creek, Kirra, Kynuna, Marburg, Maxwelton, Muttaburra, Newmarket, Nundah, Paddington, Pialba, Pittsworth, Prairie, Richmond, St. George, Sherwood, South Brisbane, South Johnstone, Springsure, Toowong, Yeronga...........................................

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

South Australia.

 

Additions and Alterations.—Adelaide (General Post Office), Adelaide (Workshops), Angaston, Ardrossan, Bordertown, Clare, Curramulka, Georgetown, Gladstone, Kadina, Kapunda, Kilkenny, Mallala, Milang, Naracoorte, Norwood, Nuriootpa, Port Augusta, Port Broughton, Saddleworth, Stirling West, Unley.......................................................................................

 

New Buildings.—Adelaide (Central Telephone Exchange), Balaklava, Brighton, Brinkworth, Bute, Cook, Cummins, Eudunda, Glenelg, Hamley Bridge, Henley Beach, Ironknob, Kimba, Kooringa, McLaren Vale, Peterborough, Port Adelaide, Port Augusta, Port Victoria, Prospect, Semaphore, West Adelaide, Woodville, Yorketown...................................................................

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

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

5,000,000

SCHEDULE


Schedulecontinued.

THE POSTMASTER-GENERAL’S DEPARTMENT—continued.

£

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

5,000,000

Buildings for Postmaster-General’s Departmentcontinued.

 

Western Australia.

 

Additions and Alterations.—Bridgetown, Busselton, Dumbleyung, Merredin, Perth (Workshops and Store)...................................................................................

 

New Buildings.—Balingup, Cottesloe, Denmark, Goomalling, Kondinin, Kulin, Lake Grace, Mundaring, Mundijong, Narembeen, Onslow, Perth (Brisbane-street), Perth (General Post Office), Subiaco, Trayning, Warrawagine............

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

Tasmania.

 

Additions and Alterations

 

Launceston, Penguin.....................................................................................

 

New Buildings.—Cygnet, Hobart (Telephone Exchange), Hobart (Lineyard), Garage, Smithton, Triabunna..........................................................................

 

Sundry Offices.—For works costing not more than £300 in each case.................

 

Northern Territory.

 

Additions and Alterations.—Darwin....................................................................

 


Subscription to capital of Amalgamated Wireless Limited...................................

250,001

Erection of wireless stations and testing and experimental equipment.................

2,000

Total Postmaster-General’s Department.....................................

5,252,001


THE DEPARTMENT OF HEALTH.

 

Under Control of Department of Works and Railways.

 

Serum and Health Laboratories...........................................................................

30,500

Acquisition of properties and sites......................................................................

6,977

Total Department of Health...........................................................

37,477

SCHEDULE


Schedulecontinued.

THE DEPARTMENT OF MARKETS AND MIGRATION.

£

Under Control of Department of Markets and Migration.

 

Immigration—Advances of Passage money, Landing money and Medical fees of Assisted Immigrants.....................................................................................................

348,380

Advances to States and to the Administrator of the Northern Territory for purchase of wire and wire netting..............................................................................................

500,000

Total Department of Markets and Migration......................................

848,380


REDEMPTIONS.

 

Redemption of loans raised by the Government of South Australia on account of the Port Augusta-Oodnadatta Railway.........................................................................

90,340

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

11,650,839


Printed and Published for the Government of the Commonwealth of Australia by H. J. Green, Government Printer for the State of Victoria.