South Australian Consolidated Acts

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METROPOLITAN DRAINAGE ACT 1935 - SECT 27

27—Financial provisions

        (1)         The Treasurer may, until loan moneys are raised pursuant to any Act of Parliament for the purpose of carrying out the works, advance any sums of money necessary for the purpose of carrying out any of the works. For the purposes of sections 7, 8, 10 and 11 any such moneys shall be deemed to be loan moneys provided by the Parliament of the State.

        (2)         An amount equal to the sums of money so advanced shall be retained by the Treasurer out of any loan moneys provided as aforesaid and applied in repayment of the moneys so advanced.



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