Federal Register of Legislation - Australian Government

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Loan Act 1930

Authoritative Version
Act No. 54 of 1930 as made
An Act to authorise the Raising and Expending of certain Sums of Money.
Date of Assent 18 Aug 1930
Date of repeal 06 Aug 1934
Repealed by Statute Law Revision Act 1934

LOAN.

 

 

No. 54 of 1930.

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

[Assented to 18th August, 1930.]

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 1930.

Authority to borrow £5,200,000.

2.  The Treasurer may from time to time under the provisions of the Commonwealth Inscribed Stock Act 1911-1927, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the amount of Five million two 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 £4,966,100.

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 Four million nine hundred and fifty-six thousand one hundred 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 thirty there remained unexpended any moneys appropriated by the Loan Act 1929, the appropriation of the moneys so remaining unexpended shall be deemed to have lapsed on that date:

 

 

SCHEDULE.

 

ABSTRACT.

 

£

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

64,500

THE DEPARTMENT OF HOME AFFAIRS.....................................................

300

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

129,800

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

139,500

THE DEPARTMENT OF WORKS...................................................................

220,000

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

29,900

THE DEPARTMENT OF MARKETS...............................................................

173,000

THE DEPARTMENT OF TRANSPORT..........................................................

604,000

TTTE POSTMASTER GENERAL’S DEPARTMENT.......................................

2,500,000

FEDERAL CAPITAL TERRITORY.................................................................

300,000

NORTH AUSTRALIA COMMISSION.............................................................

45,000

REDEMPTIONS—

 

NORTHERN TERRITORY............................................................................

750,100

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

4,956,100

 

 


 

Schedulecontinued.

 

Appropriated by this Act

THE PRIME MINISTER’S DEPARTMENT.

 

 

£

Under Control of Department of the Treasury.

 

Loan to Papua for public works............................................................................

7,500

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

7,000

Under Control of Department of Works.

 

Construction of survey boat in connexion with development of fisheries industry    

50,000

Total Prime Minister’s Department.........................................................

64,500

———

 

THE DEPARTMENT OF HOME AFFAIRS.

Under Control of Department of Works.

 

Purchase of properties and sites for Department of Home Affairs.......................

300

———

 

THE DEPARTMENT OF DEFENCE.

Under Control of Department of Defence.

 

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

25,770

Acquisition of Small Arms Ammunition Factory, Footscray—

 

Instalments.......................................................................................................

19,153

Under Control of Department of Works

 

Naval bases, works and establishments—towards cost.........................................

8,500

Construction of drill halls, mobilization stores, ordnance stores, rifle ranges, fortifications,  barracks, and other accommodation and engineering works...........................................

1,000

Towards cost of construction of buildings, hangars, workshops, barracks and earthworks, and preparation of aerial routes and landing grounds—

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

13,647

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

46,510

Towards cost of construction of buildings and works generally in connexion with new munitions production.......................................................................................................

3,000

Purchase of properties and sites—

 

Military.......................................................................................................

580

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

150

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

11,490

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

129,800



 

Schedulecontinued.

 

Appropriated by this Act.

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

14,100

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

5,100

Under Control of Department of Works.

 

Construction of vessel for lighthouse purposes.................................................

120,000

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

300

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

139,500

———

 

THE DEPARTMENT OF WORKS.

 

Under Control of Department of Works.

 

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

200,000

Commonwealth Offices, Brisbane (including demolition and re-erection elsewhere of Miniature Rifle Range already on site)—towards cost...................................................

20,000

Total Department of Works.................................................................

220,000

———

 

THE DEPARTMENT OF HEALTH.

 

Under Control of Department of Health.

Repatriation Commission.

 

Soldiers’ Mental Hospital, Bundoora, Victoria...................................................

24,000

Sundry hospitals—minor capital works.............................................................

5,900

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

29,900

———

 

THE DEPARTMENT OF MARKETS.

 

Under Control of Department of Works.

 

Advances to States and to North Australia and Central Australia for purchase of wire and wire netting (to be paid to credit of Trust Fund Wire and Wire Netting Account).

173,000



 

Schedulecontinued.

 

Appropriated by this Act.

THE DEPARTMENT OF TRANSPORT.

 

 

£

Commonwealth Railways.

 

Trans-Australian Railway.....................................................................................

50,000

North Australia Railway—minor capital works.....................................................

4,000

Central Australia Railway.....................................................................................

45,000

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

1,000

Provision for construction of new railways under the Northern Territory Railway Extension Act 1923, the Oodnadatta to Alice Springs Railway Act 1926, and rolling-stock, and the Railways (South Australia) Agreement Act 1926 (on account of £4,689,250)............................

4,000

Total Commonwealth Railways.........................

104,000

War Service Homes.

 

Expenditure under War Service Homes Act 1918-1929 (to be paid to credit of Trust Fund War Service Homes Account).................................................................................

500,000

Total Department of Transport.........................................................

604,000

———

 

THE POSTMASTER-GENERAL’S DEPARTMENT.

 

Under Control of the Postmaster-General’s Department and the Department of Works.

 

Construction and extension of telegraphs and telephones; construction of conduits and laying wires underground; provision of radio stations and equipment; subscription to Capital of Amalgamated Wireless Limited; land for post and telegraph purposes; also Buildings for the Postmaster-General’s Department as set out hereunder:—

2,500,000

Buildings for Postmaster-General’s Department

New South Wales.

 

Additions and Alterations.—Bathurst, Chatswood, Coonabarabran, Cootamundra, Dubbo, Kogarah, Manly, Marrickville, Moss Vale, North Strathfield, Parramatta, Petersham, Pymble, South Grafton, Sutherland, Sydney—City North, Sydney General Post Office, Sydney Parcels Post Building, Vaucluse.

 

New Buildings.—Arncliffe, Broadcasting Stations (2), Burwood, Central Concord, Edgecliff, Fairfield, Hurstville, Maroubra, North Sydney, Punchbowl, Sydenham, Wynyard and Town Hall Railway Stations.

 

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

 

Victoria.

 

Additions and Alterations.—Bright, Camperdown, Collingwood, Dandenong, Donald, Hopetoun, Kyneton, Linton, Maffra, Malvern, Melbourne, Murtoa, Sandringham, Shepparton, Swan Hill.

New Buildings.—Box Hill, Broadcasting Station, Brunswick, Caulfield, Hawthorn, Melbourne—Telegraph and Telephone Workshops, Melbourne—City West, Telephone Exchange, Oakleigh, Quambatook.

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

 

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

2,500.000


 

Schedulecontinued.

THE POSTMASTER-GENERAL’S DEPARTMENT—continued.

Appropriated by this Act.

£

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

2,500,000

Buildings for Postmaster-General’s Departmentcontinued.

 

Queensland.

Additions and Alterations.—Brisbane General Post Office, Brisbane—Old Exchange Building, Cairns, Mareeba.

New Buildings.—Brisbane—Central Telephone Exchange, Brisbane—Garage, Broadcasting Stations (2), Gladstone, Hughenden, Ipswich, Isisford, Muttaburra, Rockhampton, South Johnstone, Tully.

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

 

South Australia.

 

Additions and Alterations.—Largs Bay, Meningie, Norwood, Wolseley.

New Buildings.—Alice Springs, Broadcasting Station, Minnipa, Semaphore, Tarcoola.

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

 

Western Australia.

Additions and Alterations.—Kojonup, Mullewa, Perth—Telephone Exchange, Southern Cross, Wiluna.

New Buildings.—Broadcasting Station, Cottesloe, Maylands, Rawlinna, Victoria Park.

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

 

Tasmania.

Additions and Alterations.—Geeveston.

New Buildings.—Broadcasting Station, Newtown.

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

 

———

 

Sundry new buildings and alterations to buildings in the various States to provide accommodation for carrier wave, voice frequency repeater, or associated apparatus.

 

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

2,500,000

———

 

FEDERAL CAPITAL TERRITORY.

 

Under Control of Departments of Home Affairs and Works.

 

Miscellaneous works and services........................................................................

210,000

Loans for Housing................................................................................................

90,000*

Total Federal Capital Territory..............................................

300,000

———

 

LOAN TO NORTH AUSTRALIA COMMISSION................................................

45,000

———

 

REDEMPTIONS.

 

Redemption of loans raised by State of South Australia in respect of Northern Territory       

750,100

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

4,956,100

* Includes £50,000 to be repaid to Commonwealth Savings Bank.