Document ID: chunk:federal_register_of_legislation:C2012C00254:section:19:p1
Version: federal_register_of_legislation:C2012C00254
Segment Type: section
Provision Reference: s 19 (pt 1/6)
Character Range: 10644–13394

19  Act not to be deemed to appropriate revenues or moneys

  Nothing in this Act shall be taken to be an appropriation of any revenues or moneys.

The Schedule [see Note 2]

AGREEMENT made the seventh day of December One thousand nine hundred and seven BETWEEN THE COMMONWEALTH OF AUSTRALIA (hereinafter referred to as the Commonwealth) of the one part and THE STATE OF SOUTH AUSTRALIA (hereinafter referred to as the State) of the other part WITNESSETH that subject as hereinafter mentioned to the approval of the Parliaments of the said Commonwealth and the said State and for the mutual considerations hereinafter appearing IT IS HEREBY AGREED that the State shall on the terms and conditions hereinafter appearing surrender to the Commonwealth the Northern Territory and shall sell and transfer to the Commonwealth the Port Augusta Railway and shall permit the Commonwealth to construct or cause to be constructed in South Australia proper the railways hereinafter mentioned to the northern and western boundaries of South Australia proper from any points on the Port Augusta Railway and shall permit the Commonwealth to maintain and work the said railways when so acquired and constructed.

THE TERMS AND CONDITIONS of this Agreement are as follows:

     (1) The Commonwealth in consideration of the surrender of the Northern Territory and property of the State therein and the grant of the rights hereinafter mentioned to acquire and to construct railways in South Australia proper shall—
        (a) Be responsible for the indebtedness of the State in respect of the Northern Territory as from the date of acceptance of such surrender and shall relieve the State from the said indebtedness in the following manner:
           I By annually reimbursing the State the amount of the annual interest paid by it in connexion with the loans in respect of the Northern Territory; by paying annually into a Commonwealth Sinking Fund the amounts the State has undertaken to pay into such a fund in connexion with the said loans; and by paying and redeeming at or before maturity the said loans.
           II By paying the amount of the deficit (or Advance account) in respect of the Northern Territory to the said State in such manner as may be agreed upon. If the amount cannot be agreed upon it shall be determined by arbitration.
        (b) Construct or cause to be constructed a railway line from Port Darwin southwards to a point on the northern boundary of South Australia proper (which railway with the railway from a point on the Port Augusta Railway to connect therewith is hereinafter referred to as The Transcontinental Railway).
        (c) At the time of such surrender acquire from the State at the price and on the terms hereinafter