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Loan Act (No. 1) 1927

Authoritative Version
Act No. 7 of 1927 as made
An Act to authorize the Raising and Expending of certain Sums of Money.
Date of Assent 08 Apr 1927
Date of repeal 06 Aug 1934
Repealed by Statute Law Revision Act 1934

THE COMMONWEALTH OF AUSTRALIA.


LOAN (No. 1).


No. 7 of 1927.

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

[Assented to 8th April, 1927.]

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) 1927.

Authority to borrow £2,100,000.

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 Two million one 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 £2,000,000.

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 Two million 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-seven there remain unexpended any moneys appropriated by the Loan Act (No. 1) 1926 the appropriation of the moneys so remaining unexpended shall lapse on that date.

P.5803.—Price 3d.


SCHEDULE.


Abstract.

£

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

162,479

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

70,000

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

115,520

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

2,150

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

419,100

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

1,115,350

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

2,600

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

100,000

REDEMPTIONS—

 

NORTHERN TERRITORY LOANS......................................................................

4,645

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

8,156

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

2,000,000


Schedulecontinued.

WAR AND REPATRIATION SERVICES.

£

Under Control of Department of Defence.

 

Expeditionary Forces—

 

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

410

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................................................................................

600

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

50

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)..................................................................

161,419

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

162,479


THE PRIME MINISTER’S DEPARTMENT.

 

Under Control of Development and Migration Commission.

 

Immigration—Advances of passage money, landing money and medical fees of assisted immigrants.............................................................................................

70,000


THE DEPARTMENT OF DEFENCE.

 

Under Control of Department of Defence.

 

Oil storage facilities.................................................................................................

6,000

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

12,500

Under Control of Department of Works and Railways.

 

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

30,000

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

5,900

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

 

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

35,000

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

2,250

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

20,000

Purchase of properties and sites:—

 

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

3,250

Properties and sites for Air Services—

 

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

500

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

120

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

115,520


Schedulecontinued.

 

£

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...................................................................

700

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

1,200

Under Control of Department of Works and Railways.

 

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

250

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

2,150


THE DEPARTMENT OF WORKS AND RAILWAYS.

 

Under Control of the Department of Works and Railways.

 

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

75,000

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

250

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

100

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

250

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

27,500

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

100

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

13,900

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

2,000

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

300,000

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

419,100


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:—....................................................................................................

1,115,000

Buildings for Postmaster-General’s Department.

 

New South Wales.

 

Additions and Alterations.—Ashfield, Berrigan, Boorowa, Canterbury, Chatswood, Condobolin, Cumnock, Dee Why, Dubbo, Glebe, Goulburn, Gunning, Harden, Hay, Homebush, Junee, Kempsey, Kogarah, Kyogle, Lismore, Manly, Mendooran, Moulamein, North Sydney, Orange, Parkes, Petersham, Queanbeyan, Randwick, Sydney—City North, Sydney General Post Office, Sydney—Stores, Tamworth, Tumbarumba, Uralla, Vaucluse, Wagga Wagga, Waratah, Waverley, West Maitland, West Wyalong.

 

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

1,115,000


Schedulecontinued.

THE POSTMASTER-GENERAL’S DEPARTMENT—continued.

£

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

1,115,000

Buildings for Postmaster-General’s Department—continued.

 

New South Wales—continued.

 

New Buildings.—Bexley, Branxton, Burwood, Central Concord, Cootamundra, Cremorne, Drummoyne, Edgecliff, Griffith, Hamilton, Haymarket, Hurstville, Kandos, Lakemba, Lane Cove, Liverpool, Manly, Maroubra, Merewether, Millthorpe, Mudgee, Newcastle, Newtown, North Strathfield, Ourimbah, Smithtown, South Kensington, Sydenham, Sydney—City South, Terrigal, Wahroonga, Walla Walla, Wardell, Wickham, William Street, Willoughby, Yenda.

 

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

 

Victoria.

 

Additions and Alterations.—Ararat, Ballarat, Birregurra, Brunswick, Camperdown, Carlton, Coleraine, Dandenong, Dimboola, Donald, Elmore, Frankston, Hamilton, Hawthorn, Lakes Entrance, Maffra, Malvern, Melbourne—Central Exchange, Melbourne—Elizabeth Street, Melbourne General Post Office, Melbourne—Sturt Street, Merino, Morwell, Murtoa, Nagambie, Numurkah, Penshurst, Preston, Rainbow, Rupanyup, Sandringham, Sea Lake, Shepparton, Sorrento, Sunshine, Swan Hill, Warrnambool, Werribee, Windsor.

 

New Buildings.—Beeac, Bentleigh, Box Hill, California Gully, Canterbury, Caulfield East, Cohuna, Cressy, Daylesford, Elstemwick, Glen Iris, Goroke, Melbourne—Telegraph and Telephone Workshops, Melbourne—Electric Telegraph Office and Commonwealth Offices, Merrigum, Murrayville, Northcote, Oakleigh, Pakenham East, Prahran, Quambatook, South Melbourne, Trentham, Yallourn, Yarragon

 

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

 

Queensland.

 

Additions and Alterations.—Brisbane General Post Office, Cairns, Emerald, Inglewood, Mareeba, Nambour, Redcliffe, Rockhampton.

 

New Buildings.—Allora, Brisbane—Central Exchange, Brisbane—Workshops and Garage, Bulimba, Cooparoo, Greenmount, Hughenden, Maxwelton, Muttaburra, Nundah, Paddington, Prairie, Sherwood, South Brisbane, Yeronga.

 

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

 

South Australia.

 

Additions and Alterations.—Adelaide General Post Office, Adelaide—West Terrace, Angaston, Bordertown, Curramulka, Georgetown, Gladstone, Kapunda, Kilkenny, Milang, Narracoorte, Norwood, Nuriootpa, Port Augusta, Port Lincoln, Port Pirie, Stirling West, Tumby Bay, Unley.

 

New Buildings.—Adelaide (Mile End), Brighton, Brinkworth, Bute, Clare, Cook, Cummins, Eudunda, Glenelg, Hamley Bridge, Henley Beach, Kimba, Kooringa, Port Adelaide, Port Victoria, Prospect, Semaphore, West Adelaide, Woodville.

 

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

 

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

115,000


Schedulecontinued.

 

£

THE POSTMASTER-GENERAL’S DEPARTMENT—continued.

 

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

1,115,000

Buildings for Postmaster-General’s Department— continued.

 

Western Australia.

 

Additions and Alterations.—Bridgetown, Busselton Geraldton, Perth—Stores, Perth General Post Office.

 

New Buildings.—Corrigin, Cottesloe, Lake Grace, Mundijong, Narembeen, Perth, Perth—Brisbane Street, Subiaco, Warrawagine.

 

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

 

Tasmania.

 

Additions and Alterations.—Hobart.

 

New Buildings.—Cygnet, Hobart, Hobart—Lineyard, Smithton.

 

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

 


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

350

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

1,115,350


THE DEPARTMENT OF HEALTH.

 

Under Control of Department of Works and Railways.

 

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

2,100

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

500

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

2,600


Schedulecontinued.

THE DEPARTMENT OF MARKETS AND MIGRATION.

£

Under Control of Department of Markets and Migration.

 

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

100,000

Title: Horizontal line - Description: Horizontal line

REDEMPTIONS.

 

Redemption of loans raised by the Government of South Australia on account of the Northern Territory..............................................................................................................

4,645

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

8,156

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

2,000,000


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