{"id":"C1957A00067","name":"Loan (War Service Land Settlement) Act 1957","slug":"loan-war-service-land-settlement-act-1957","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"67 of 1957","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":4830,"registerId":"commonwealth-C1957A00067-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Loan (War Service Land Settlement) Act 1957","content":"LOAN (WAR SERVICE LAND SETTLEMENT).\n\nNo. 67 of 1957.\n\nAn Act to approve the Borrowing of Moneys for a Defence Purpose, namely Financial Assistance to the States in connexion with War Service Land Settlement, and to authorize the expending of those Moneys.\n\n\\[Assented to 3rd December, 1957.\\]\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 1957.\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 £8,000.000.\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 Eight 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 in connexion with war service land settlement.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1212},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The Act remains tightly focused on its original purpose of authorising borrowing specifically for war service land settlement assistance. No expansion beyond the initial £8 million cap or the stated purpose of State financial assistance."},"complexity_factors":["Only 4 sections with minimal text","Single cross-reference to the Commonwealth Inscribed Stock Act 1911-1946","No definitions section or technical legal terminology","Simple monetary cap (£8 million) with no conditional triggers, exceptions, or formulas"],"plain_english_summary":"The Act empowers the Commonwealth to borrow up to £8 million (1957 value) by issuing bonds or Treasury Bills and to provide those funds to States for war service land settlement — financial assistance enabling returned WWII servicemen to buy and develop farms.  \n\nFunds are strictly for borrowing costs and the land‑settlement program, creating a federal funding mechanism for State-run veteran resettlement."}},"importantCases":[],"_links":{"self":"/api/acts/loan-war-service-land-settlement-act-1957","history":"/api/acts/loan-war-service-land-settlement-act-1957/history","analysis":"/api/acts/loan-war-service-land-settlement-act-1957/analysis","conflicts":"/api/acts/loan-war-service-land-settlement-act-1957/conflicts","importantCases":"/api/acts/loan-war-service-land-settlement-act-1957/important-cases","documents":"/api/acts/loan-war-service-land-settlement-act-1957/documents"}}