Aid to Public Works and Land Settlement Act 1906
Aid to Public Works and Land Settlement Act 1906
Aid to Public Works and Land Settlement Act 1906
Public Act |
1906 No 27 |
|
Date of assent |
25 October 1906 |
|
Contents
An Act to authorise the Raising of Money in Aid of certain Public Works and Purposes.
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title.
The Short Title of this Act is “The Aid to Public Works and Land Settlement Act, 1906.”
2 “New Zealand Loans Act, 1904,”
applied.
This Act shall be deemed to be an authorising Act within the meaning of “The New Zealand Loans Act, 1904,”
and the moneys hereinafter authorised to be raised shall be raised under and subject to the provisions of that Act accordingly.
3 Colonial Treasurer may raise £1,000,000.
The Colonial Treasurer is hereby empowered to raise, on the security of and charged upon the public revenues of New Zealand, such sums of money, not exceeding in the whole the sum of one million pounds, as he thinks fit.
4 Rate of interest.
The sums so raised shall bear interest at such rate (not exceeding four pounds ten shillings per centum per annum) as the Colonial Treasurer prescribes.
5 Moneys raised to be credited to Public Works Fund, and applied for works and purposes in Schedule.
All moneys raised under the authority of this Act shall, as and when raised, be paid into the Public Account to the credit of the Public Works Fund, and shall from time to time be applied to the works and purposes specified in the Schedule hereto, in such amounts as are from time to time appropriated by Parliament:
Provided that any of the aforesaid moneys appropriated to specific roads or bridges may from time to time, without further authority or appropriation than this Act, be paid over in whole or in part to the local authority in whose district the works are situate, or under whose control such works are usually performed, upon such terms and conditions as in each case the Minister in charge determines by agreement with such local authority.
Schedule
| Works and Purposes. | Amount. | |
|---|---|---|
| £ | ||
| 1. | In respect of railways:— | |
| The construction of the following railways:— | ||
| Kawakawa-Grahamtown | 450,000 | |
| Helensville Northwards | ||
| Gisborne-Rotorua | ||
| Egmont Branch | ||
| Stratford-Kawakawa | ||
| Marton‒Te Awamutu | ||
| Blenheim‒Waipara | ||
| Midland | ||
| Greymouth‒Hokitika (extension to Ross) | ||
| Westport‒Inangahua | ||
| Ngahere‒Blackball | ||
| Otago Central | ||
| Lawrence‒Roxburgh | ||
| Catlin’s-Seaward Bush | ||
| Riversdale‒Switzers | ||
| Orepuke‒Waiau | ||
| Permanent-way or other materials | ||
| Additional rolling-stock for open lines, and such other works and purposes in connection therewith as may be authorised | 75,000 | |
| 2. | In respect of land settlement and goldfields development:— | |
| The construction of roads, tracks, and bridges for the purpose of opening up back blocks, and such other works and purposes in connection therewith as may be authorised | 400,000 | |
| The like for the purpose of developing the goldfields | 25,000 | |
| 3. | In respect of telegraph-extension | 50,000 |
| Total | £1,000,000 | |