WAR LOAN (UNITED KINGDOM) (No. 1).

No. 23 of 1916.

An Act to amend the War Loan Act 1914, and the War Loan Act (No. 2) 1915.

[Assented to 30th May, 1916.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the War Loan Act (United Kingdom) (No. 1) 1916.

(2.) The War Loan Act 1914 as amended by this Act may be cited as the War Loan (United Kingdom) Act 1914-1916.

(3.) The War Loan Act (No. 2) 1915 as amended by this Act may be cited as the War Loan (United Kingdom) Act 1915-1916.

Borrowings to be credited to Loan Fund.

2. Section three of the War Loan Act 1914 is amended by adding the following proviso:—

“Provided that moneys borrowed and received under this Act on or after the First day of July One thousand nine hundred and fifteen shall be paid into the Loan Fund.”

Borrowings to be credited to Loan Fund.

3. Section three of the War Loan Act (No. 2) 1915 is amended by adding the following proviso:—

“Provided that moneys borrowed and received under this Act on or after the First clay of July One thousand nine hundred and fifteen shall be paid into the Loan Fund.”