{"id":"C1958A00050","name":"Loan (Housing) Act 1958","slug":"loan-housing-act-1958","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"50 of 1958","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":4946,"registerId":"commonwealth-C1958A00050-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (Housing) Act 1958","content":"LOAN (HOUSING).\n\nNo. 50 of 1958.\n\nAn Act to authorize the Raising and Expending of Moneys for the purposes of Housing.\n\n\\[Assented to 1st October, 1958.\\]\n\nBE it enacted by the Queen’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 1958.\n\nCommencement.\n\n2. This Act shall come into operation on the day on which it receives the Royal Assent.\n\n  \n\nAuthority to borrow £35,810,000.\n\n3. The Treasurer may, from time to time, in accordance with the provisions of the Commonwealth Inscribed Stock Act 1911–1946, or in accordance with the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole Thirty-five million eight hundred and ten thousand pounds.\n\nApplication of moneys.\n\n4. Moneys borrowed under this Act shall be issued and applied only for the expenses of borrowing and for the purpose of making advances to States in accordance with the agreement executed in pursuance of the authority conferred by the Housing Agreement Act 1956.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1805},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The legislation remains strictly limited to its original purpose: authorising a specific borrowing to fund housing advances to the States. It has not expanded beyond this narrow financial mandate."},"complexity_factors":["Only 4 operative sections with no subsections","No interpretation section or defined terms","Single, unconditional borrowing authority capped at a specific monetary amount (£35,810,000)","Minimal cross-referencing (only to borrowing mechanisms and the Housing Agreement Act 1956)","No conditional logic, exceptions, time limits, or regulatory powers"],"plain_english_summary":"This Act authorises the Commonwealth to borrow up to £35,810,000 to fund public housing. The Treasurer may raise the money by selling Commonwealth bonds or issuing Treasury Bills, and the funds are restricted to loan‑arrangement costs and advances to States under the Housing Agreement Act 1956. It’s a one‑off supply law permitting targeted government borrowing for housing."}},"importantCases":[],"_links":{"self":"/api/acts/loan-housing-act-1958","history":"/api/acts/loan-housing-act-1958/history","analysis":"/api/acts/loan-housing-act-1958/analysis","conflicts":"/api/acts/loan-housing-act-1958/conflicts","importantCases":"/api/acts/loan-housing-act-1958/important-cases","documents":"/api/acts/loan-housing-act-1958/documents"}}