{"id":"wagh-financial-obligations-act-1990","name":"WAGH Financial Obligations Act 1990","slug":"wagh-financial-obligations-act-1990","collection":"act","jurisdiction":"wa","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":110982,"registerId":"wa-wagh-financial-obligations-act-1990-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"WAGH Financial Obligations Act 1990","content":"![Crest]()Western Australia\n\nWAGH Financial Obligations Act 1990\n\nWestern Australia\n\nWAGH Financial Obligations Act 1990\n\nContents\n\n1. Short title 1\n\n2. Commencement 1\n\n3. Appropriation 1\n\nNotes\n\nCompilation table 2\n\n  \n\nWestern Australia\n\nWAGH Financial Obligations Act 1990\n\nAn Act to appropriate the General Loan and Capital Works Fund for a charge during the year ended 30 June 1990 under the *Treasurer’s Advance Authorization Act 1989* in relation to Western Australian Government Holdings Limited.\n\n##### 1. Short title\n\nThis Act may be cited as the *WAGH Financial Obligations Act 1990* 1.\n\n##### 2. Commencement\n\nThis Act shall come into operation on the day on which it receives the Royal Assent.\n\n##### 3. Appropriation\n\nThe sum of $55 000 000 expended from the Treasurer’s Advance Account in 1989/90 to make a payment chargeable against the General Loan and Capital Works Fund during the year ended 30 June 1990, being the repayment to the Australia and New Zealand Banking Group Limited of interim financing for Western Australian Government Holdings Limited, is appropriated from the General Loan and Capital Works Fund.\n\nNotes\n\n1 This is a compilation of the *WAGH Financial Obligations Act 1990*. The following table contains information about that Act.\n\nCompilation table\n\n| **Short title** | **Number and year** | **Assent** | **Commencement** |\n| --- | --- | --- | --- |\n| *WAGH Financial Obligations Act 1990* | 55 of 1990 | 17 Dec 1990 | 17 Dec 1990 |\n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This legislation remains tightly scoped to its original purpose: appropriating funds for a specific 1989/90 financial obligation. It has not expanded beyond the single repayment transaction described in the long title."},"complexity_factors":["Only 3 operative sections (short title, commencement, and appropriation)","No defined terms section","Single, straightforward appropriation with no conditions or exceptions","No cross-references to other legislation beyond naming the Treasurer's Advance Authorization Act 1989","Legislation serves one specific, time-bound purpose with no ongoing regulatory scheme"],"plain_english_summary":"**What this law does:**\n\nThis is a very specific, one-off piece of legislation that authorises the Western Australian government to pay back a $55 million loan.\n\n**The backstory:**\nWestern Australian Government Holdings Limited (WAGH) — a state-owned company — needed urgent short-term financing in 1989/90. The government arranged interim financing through ANZ Bank, using money from something called the \"Treasurer's Advance Account\" (essentially a government overdraft or emergency fund). This Act formally approves (\"appropriates\") taking that $55 million from the General Loan and Capital Works Fund to repay the bank.\n\n**Why it exists:**\nUnder Western Australian law, government spending generally needs specific parliamentary approval. This Act provides that approval after the fact — ratifying money that was already spent to repay the bank loan.\n\n**Who it affects:**\nPrimarily the Western Australian government and its financial arrangements. It has no direct impact on ordinary citizens, businesses, or other organisations.\n\n**Why it matters:**\nThis is routine parliamentary housekeeping. It ensures government borrowing and repayment practices remain transparent and legally compliant, even for urgent financial arrangements involving state-owned enterprises."},"summary":{"complexity_score":1,"scope_assessment":{"changed":false,"description":"Scope cannot be assessed. The document provided contains no legislative text — only a website error message indicating the page is unavailable. No comparison between original intent and enacted provisions is possible."},"complexity_factors":["No legislative content was provided — only a broken link error page was supplied for analysis","Cannot assess structure, defined terms, cross-references, or operative provisions without the actual text","The score of 1 reflects the absence of analysable content, not a judgment on the Act itself"],"plain_english_summary":"## ⚠️ Content Unavailable\n\nThe text provided does not contain the actual content of the **WAGH Financial Obligations Act 1990**. Instead, it shows an **error page** from the Western Australian legislation website, indicating that the page for this Act is no longer available at its original web address due to system and security upgrades.\n\n**What this means for you:** No substantive legal analysis can be performed. The actual text of the Act — including what it requires, who it affects, and what obligations it creates — was not successfully retrieved. To read this legislation, you would need to:\n- Navigate the [Western Australian legislation website](https://www.legislation.wa.gov.au) using its current menu structure\n- Contact the Parliamentary Counsel's Office Helpdesk directly\n- Search for the Act by name in the site's search function"},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The Act confines itself to a single appropriation to regularise repayment to ANZ for interim financing of Western Australian Government Holdings Limited (s3). It does not create new regulatory powers, ongoing obligations or broader fiscal authorities beyond that one charge."},"complexity_factors":["Single-purpose appropriation: one monetary figure and one specified payment (s3).","Retrospective/regularising effect: converts a prior Treasurer’s Advance expenditure into a formal appropriation (s3).","Cross-reference to named financial vehicles: Treasurer’s Advance Account and General Loan and Capital Works Fund (s3).","Limited legal discretion or ongoing administrative requirements — no regulatory or policy frameworks.","Simple commencement and short-title provisions (ss1–2), so legal mechanics are straightforward."],"plain_english_summary":"Mechanically, this Act formally appropriates $55,000,000 from the General Loan and Capital Works Fund to cover a repayment (made from the Treasurer’s Advance Account in 1989–90) to Australia and New Zealand Banking Group Ltd for interim financing of Western Australian Government Holdings Limited (s3). It affects Western Australia's public finances by charging that capital fund — the state's loan-and-works account bears the cost — and regularises a prior Treasurer’s Advance payment into a parliamentary appropriation."}},"importantCases":[],"_links":{"self":"/api/acts/wagh-financial-obligations-act-1990","history":"/api/acts/wagh-financial-obligations-act-1990/history","analysis":"/api/acts/wagh-financial-obligations-act-1990/analysis","conflicts":"/api/acts/wagh-financial-obligations-act-1990/conflicts","importantCases":"/api/acts/wagh-financial-obligations-act-1990/important-cases","documents":"/api/acts/wagh-financial-obligations-act-1990/documents"}}