Western Australian Current Acts

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WIRE AND WIRE NETTING ACT 1926 - SECT 6

6 .         Commonwealth loans

        (1)         The Treasurer may agree with the Commonwealth Government for loans to the State for the purposes of this Act.

        (2)         So far as money expended by the Treasurer for the purposes of this Act is recouped by advances by the Commonwealth to the State under an agreement thereby fencing wire and wire netting is to be supplied to settlers on terms more favourable than as prescribed by and under this Act, the Minister may adjust in accordance therewith the terms and conditions of securities already taken for the payment of the cost of fencing wire and wire netting previously supplied to settlers; and payments made under such securities prior to such adjustment in excess of the instalments payable under the more favourable terms shall be placed to the credit of the settler and applied towards the payment of subsequent instalments.



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