{"id":"C1954A00061","name":"Loan (War Service Land Settlement) Act 1954","slug":"loan-war-service-land-settlement-act-1954","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"61 of 1954","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":14761,"registerId":"commonwealth-C1954A00061-current","compilationNumber":null,"startDate":"2026-03-31","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (War Service Land Settlement) Act 1954","content":"LOAN (WAR SERVICE LAND SETTLEMENT).\n\nNo. 61 of 1954.\n\nAn Act to approve the Borrowing of Moneys for a Defence Purpose, namely Financial Assistance to the States of South Australia, Western Australia and Tasmania in connexion with War Service Land Settlement, and to authorize the Expending of those Moneys.\n\n\\[Assented to 6th November, 1945.\\]\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 (War Service Land Settlement) Act 1954.\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 £5,000,000.\n\n3. The Treasurer may, from time to time, under the provisions of the Commonwealth Inscribed Stock Act 1911–1946, or under the provisions of an Act authorizing the issue of Treasury Bills, borrow moneys not exceeding in the whole the sum of Five million 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 financial assistance to the States of South Australia, Western Australia and Tasmania in connexion with war service land settlement.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1741},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The legislation remains tightly focused on its original specific purpose of authorizing borrowing and expenditure for war service land settlement assistance to the three named states."},"complexity_factors":["Extremely short length (only 4 operative sections)","Zero defined terms or interpretation provisions","Single external cross-reference (Commonwealth Inscribed Stock Act 1911-1946)","No subsections, exceptions, or conditional logic"],"plain_english_summary":"This Act lets the federal government borrow up to **£5 million** to help three states run programs settling World War II veterans onto farmland.\n\n**What it does:**\n*   **The borrowing**: The Treasurer can raise money by selling government bonds (under the *Commonwealth Inscribed Stock Act*) or issuing short-term Treasury Bills\n*   **The purpose**: The cash is earmarked for \"war service land settlement\"—a post-war scheme that helped returned soldiers buy and develop farming land\n*   **Where it goes**: Only to South Australia, Western Australia and Tasmania as financial assistance for their specific veteran settlement programs\n*   **The catch**: The money can only be spent on two things—covering the costs of the borrowing itself, and giving the agreed financial help to those three states"}},"importantCases":[],"_links":{"self":"/api/acts/loan-war-service-land-settlement-act-1954","history":"/api/acts/loan-war-service-land-settlement-act-1954/history","analysis":"/api/acts/loan-war-service-land-settlement-act-1954/analysis","conflicts":"/api/acts/loan-war-service-land-settlement-act-1954/conflicts","importantCases":"/api/acts/loan-war-service-land-settlement-act-1954/important-cases","documents":"/api/acts/loan-war-service-land-settlement-act-1954/documents"}}