{"id":"C1970A00096","name":"Loan (Housing) Act 1970","slug":"loan-housing-act-1970","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"96 of 1970","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":5543,"registerId":"commonwealth-C1970A00096-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (Housing) Act 1970","content":"Loan (Housing)\n\nNo. 96 of 1970\n\nAn Act to Authorize the Raising and Expending of a sum not exceeding One hundred and forty-two million five hundred and fifty thousand dollars for the purposes of Housing.\n\n\\[Assented to 4 November 1970\\]\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 1970.\n\nCommencement.\n\n2. This Act shall come into operation on the day on which it receives the Royal Assent.\n\nAuthority to borrow $142,550,000.\n\n3. The Treasurer may, from time to time, in accordance with the provisions of the Commonwealth Inscribed Stock Act 1911–1966, or in accordance with the provisions of any Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole One hundred and forty-two million five hundred and fifty thousand dollars.\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—\n\n(a) in pursuance of section 4 of the Housing Agreement Act 1966; or\n\n(b) in pursuance of an Act authorizing the making of advances to States for the purposes of housing.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1615},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The legislation remains strictly limited to its original purpose of authorizing specific borrowing for housing advances to States. No expansion beyond the core monetary authorization and spending restrictions."},"complexity_factors":["Only 4 sections with no subsections containing conditional logic","Zero defined terms in the interpretation section","Single, unambiguous purpose with no exceptions or limitations beyond the spending restrictions","Minimal cross-referencing (only references to the Commonwealth Inscribed Stock Act and Housing Agreement Act)"],"plain_english_summary":"This law lets the Australian Government borrow up to $142,550,000 by issuing bonds or Treasury Bills to fund public housing. The money may only cover loan‑arrangement costs and advances to State governments for housing projects, protecting the funds from diversion to other budget areas. It primarily affects State housing authorities and, indirectly, public housing tenants."}},"importantCases":[],"_links":{"self":"/api/acts/loan-housing-act-1970","history":"/api/acts/loan-housing-act-1970/history","analysis":"/api/acts/loan-housing-act-1970/analysis","conflicts":"/api/acts/loan-housing-act-1970/conflicts","importantCases":"/api/acts/loan-housing-act-1970/important-cases","documents":"/api/acts/loan-housing-act-1970/documents"}}