{"id":"C1963A00006","name":"Loan (Housing) Act 1963","slug":"loan-housing-act-1963","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"6 of 1963","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":5101,"registerId":"commonwealth-C1963A00006-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (Housing) Act 1963","content":"LOAN (HOUSING).\n\nNo. 6 of 1963.\n\nAn Act to Authorize the Raising and Expending of a sum not exceeding Two million seven hundred and eleven thousand pounds for the purposes of Housing.\n\n\\[Assented to 8th May, 1963.\\]\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 1963.\n\n  \n\nCommencement.\n\n2. This Act shall come into operation on the day on which it receives the Royal Assent.\n\nAuthority to borrow £2,711,000.\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 Two million seven hundred and eleven 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 the States in pursuance of section four of the Housing Agreement Act 1961.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1784},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The Act maintains its original narrow scope as a specific-purpose borrowing authorization. It remains limited to the exact amount of £2,711,000 for housing advances to States under the 1961 Housing Agreement, with no expansion of purposes or beneficiaries."},"complexity_factors":["Only 4 operative sections with no subsections","No defined terms or interpretation section","Single fixed monetary amount (£2,711,000) with no formulae, conditions, or adjustments","Minimal cross-referencing limited to borrowing mechanics and the Housing Agreement Act"],"plain_english_summary":"This Act authorises the Treasurer to borrow up to £2,711,000 by issuing Commonwealth stock or Treasury Bills, with the funds restricted to loan arrangement costs and advances to States for housing projects. It primarily affects the Treasurer and State housing authorities and matters because it provides the parliamentary approval needed to finance specific government‑funded public housing initiatives."}},"importantCases":[],"_links":{"self":"/api/acts/loan-housing-act-1963","history":"/api/acts/loan-housing-act-1963/history","analysis":"/api/acts/loan-housing-act-1963/analysis","conflicts":"/api/acts/loan-housing-act-1963/conflicts","importantCases":"/api/acts/loan-housing-act-1963/important-cases","documents":"/api/acts/loan-housing-act-1963/documents"}}