{"id":"C1948A00054","name":"Loan (Housing) Act 1948","slug":"loan-housing-act-1948","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"54 of 1948","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":4416,"registerId":"commonwealth-C1948A00054-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (Housing) Act 1948","content":"LOAN (HOUSING).\n\nNo. 54 of 1948.\n\nAn Act to authorize the Raising of Moneys to be advanced to the States for the purposes of Housing.\n\n\\[Assented to 25th November, 1948.\\]\n\n\\[Date of commencement, 23rd December. 1948.\\]\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 (Housing) Act 1948.\n\n  \n\nAuthority to borrow £14,000,000.\n\n2. The Treasurer may, from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911-1946, or under the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the sum of Fourteen million pounds.\n\nApplication of moneys.\n\n3. Moneys borrowed under this Act shall be issued and applied only for the expenses of borrowing and for making advances to the States for the purposes of housing in pursuance of the agreement the execution of which is authorized by the Commonwealth and State Housing Agreement Act 1945.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":938},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The Act maintains its original narrow scope: a specific borrowing authority (£14 million) tied exclusively to housing advances under the 1945 Agreement. No expansion of purpose or application is evident."},"complexity_factors":["Only 3 operative sections with no subsections","No defined terms or interpretation section","Single, linear purpose with no exceptions or conditions","No cross-references except to borrowing mechanisms (Inscribed Stock Act and Treasury Bills legislation)"],"plain_english_summary":"The Act authorises the Commonwealth to borrow up to £14 million (by issuing bonds or Treasury bills) and requires those funds to be lent to State governments for public housing under the Commonwealth and State Housing Agreement. It doesn’t build houses itself but creates the legal power for the federal government to raise and pass on the cash needed for post‑war housing programs."}},"importantCases":[],"_links":{"self":"/api/acts/loan-housing-act-1948","history":"/api/acts/loan-housing-act-1948/history","analysis":"/api/acts/loan-housing-act-1948/analysis","conflicts":"/api/acts/loan-housing-act-1948/conflicts","importantCases":"/api/acts/loan-housing-act-1948/important-cases","documents":"/api/acts/loan-housing-act-1948/documents"}}