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Loan (War Service Land Settlement) Act 1975

Act No. 62 of 1975

This Act was prepared on 10 August 2005

Prepared by the Office of Legislative Drafting and Publishing,
Attorney-General's Department, Canberra



Contents
           1     Short title [see Note 1]    1
           2     Commencement [see Note 1]   1
           3     Authority to borrow $4,000,000    1
           4     Application of moneys  1

Notes 2
An Act to authorize the Raising and Expending of a sum not exceeding
$4,000,000 for a Defence Purpose, namely, Financial Assistance to South
Australia, Western Australia and Tasmania in connexion with War Service
Land Settlement

1  Short title [see Note 1]

            This Act may be cited as the Loan (War Service Land Settlement)
         Act 1975.

2  Commencement [see Note 1]

            This Act shall come into operation on the day on which it
         receives the Royal Assent.

3  Authority to borrow $4,000,000

            The Treasurer may, from time to time, in accordance with the
         provisions of the Commonwealth Inscribed Stock Act 1911-1973, or in
         accordance with the provisions of any Act authorizing the issue of
         Treasury Bills, borrow moneys not exceeding in the whole
         $4,000,000.

4  Application of moneys

            Moneys borrowed under this Act shall be issued and applied only
         for the expenses of borrowing and for the purpose of financial
         assistance to South Australia, Western Australia and Tasmania in
         accordance with subsection 2(1) of the States Grants (War Service
         Land Settlement) Act 1952-1953.
Notes to the Loan (War Service Land Settlement) Act 1975

Note 1


Act No. 62, 1975; assented to and commenced 19 June 1975.