{"id":"C1924A00044","name":"Loan Act (No. 3) 1924","slug":"loan-act-no-3-1924","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"44 of 1924","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":3107,"registerId":"commonwealth-C1924A00044-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan Act (No. 3) 1924","content":"LOAN (No. 3).\n\nNo. 44 of 1924.\n\nAn Act to authorize the Raising and Expending of certain Sums of Money.\n\n\\[Assented to 20th October, 1924.\\]\n\nBE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—\n\nShort title.\n\n1. This Act may be cited as the Loan Act (No. 3) 1924.\n\nAuthority to borrow £850,000.\n\n2. 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 Eight hundred and fifty thousand pounds.\n\nPurpose for which money may be borrowed.\n\n3. 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.\n\nIssue and application of £818,500.\n\n4. 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 Eight hundred and eighteen thousand five hundred pounds for the purposes set forth in the Schedule to this Act.\n\nSCHEDULE.\n\n```html\n

Under Control of Home and Territories Department.

£

Land at Fairy Meadow, New South Wales...........................

18,500

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

10,000

Total Under Control of Home And Territories Department................

28,500

Under Control of Home and Territories Department; Department of Works and Railways, and Health Department.

£

Works, services, and acquisition of land in Federal Capital Territory

108,000

(All receipts from the Federal Capital Territory to be credited to this vote.)

Deduct estimated receipts..........................

8,000

100,000

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

128,500

\n```\n\n \n\n```html\n

Schedule—continued

£

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

128,600

Under Control of Department of Works and Railways.

buildings for POSTMASTER-GENERAL’S department.

New South Wales.

Additions and Alterations.—Adamstown, Alstonville, Barmedman, Barraba, Bellata, Bundarra, Canterbury, Chatswood, Cobargo, Coonamble, Cumnock, Eden, Edgecliff, Grafton, Harden, Kempsey, Manilla, Mendooran, North Strathfield Pole Yard, Orange, Scone, St. Mary’s, Springwood, Sydney City North, Taree, Temora, Urana, Woodstock

New Buildings.—Bankstown, Barellan, Bexley, Blackheath, Branxton, Carlton, Comboyne, Cremorne, East Balmain, Kandos, Lane Cove, Maroubra, Merewether, Millthorpe, Neutral Bay, Newcastle Garage, North Sydney Garage, Port Kembla, Smithtown, Stanmore, Strawberry Hills, Wardell, Wentworthville, Wentworth Falls, Woy Woy, Yanko

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

\"\"

31,600

Victoria.

Additions and Alterations.—Beaufort, Cobram, Coburg, Coleraine, Melbourne General Post Office, Penshurst, Sunbury, Tatura, Terang, Werribee

New Buildings.—Burnley, Derrinallum, Drysdale, Elwood, Ferntree Gully, Koo-wee-rup, Marnoo, Melbourne (City Telephone Exchange), Murrayville, Nyah West, Pakenham East, Trentham, Yallourn, Yarragon

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

\"\"

18,130

Queensland.

Additions and Alterations.—Barcaldine, Brisbane General Post Office, Gayndah, Rockhampton, Rosewood, Toowoomba

New Buildings.—Beenleigh, Blackall, Goondiwindi, Helidon, Indooroopilly, Julia Creek, Kirra, Kynuna, Lutwyche, Marburg, Maxwelltown, Newmarket, Prairie, South Brisbane, South Johnstone, Spring-sure, St. George, Wooloongabba Pole Depot, Wowan

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

\"\"

20,870

South Australia.

Additions and Alterations.—Ardrossan, Auburn, Bordertown, Clare, Gladstone, Jamestown, Kadina, Mallala, Minlaton, Morgan, Narracoorte, Nuriootpa, Port Pirie, Riverton, Saddleworth

New Buildings.—Brinkworth, Bute, Eudunda, Ironknob, Kimba, Port Victoria

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

\"\"

10,400

Western Australia.

Additions and Alterations.—Bridgetown, Bunbury, Busselton, Merredin

New Buildings.—Balingup, Beadon, Denmark, Jarnadup, Koudinin, Kulin, Lake Grace, Mundaring, Trayning

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

\"\"

4,000

Tasmania.

Additions and Alterations.—Bellerive, Hobart General Post Office, Penguin.

New Buildings.—Cygnet, Smithton, Triabunna.....................

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

\"\"

5,000

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

90,000

Under Control of Postmaster-General’s Department

Construction and extension of telegraphs and telephones, also construction of conduits and laying wires underground

600,000

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

£818,500

\n```","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":1573},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This is a standard loan appropriation Act that performs exactly the function described in its title: authorizing the raising and expending of specific sums. The scope remains limited to the borrowing authority and the specific capital works listed in the Schedule."},"complexity_factors":["Only 4 operative sections","No interpretation section or defined terms","Simple appropriation mechanism with fixed dollar amounts","Single cross-reference to the Commonwealth Inscribed Stock Act 1911–1918","Schedule contains exhaustive lists of locations but no conditional logic or exceptions"],"plain_english_summary":"This Act authorises the Treasurer to borrow up to £850,000 for Commonwealth use and earmarks £818,500 for specific infrastructure: land purchases, continued development of the Federal Capital (Canberra), construction and upgrades of post offices, and major investment in telegraph and telephone lines (including underground wiring). It is a 1924 supply measure that finances expansion of the national communications network and capital works, affecting anyone who relies on postal and telephone services."}},"importantCases":[],"_links":{"self":"/api/acts/loan-act-no-3-1924","history":"/api/acts/loan-act-no-3-1924/history","analysis":"/api/acts/loan-act-no-3-1924/analysis","conflicts":"/api/acts/loan-act-no-3-1924/conflicts","importantCases":"/api/acts/loan-act-no-3-1924/important-cases","documents":"/api/acts/loan-act-no-3-1924/documents"}}