RELIEF OF UNEMPLOYED.

Taranaki Daily News, 2 August 1922, Page 4

RELIEF OF UNEMPLOYED.

LOANS FOR LOCAL BODIES. AUTHORITY TO BORROW. PROVISION IN NEW BILL. (By Wire—Parliamentary Reporter./ Wellington, Last Night. The provision made by the Government authorising local bodies to raise loans for the relief of unemployment is embodied in the following new clause which was sei down for the third reading of the Local Bodies’ Loans Bill to-night: (1) Any local authority may, by special order and without taking the steps described in sections 8 to 12 of the principal Act, borrow such moneys as may be required for any public work undertaken or proposed to be undertaken by that local authority for the relief of unemployment. (2) The Governor-General-in-Councilshall not give his consent, as required by section 20 of the Finance Act, 1919, to the borrowing of any moneys under this section unless he is satisfied that in undertaking the work for which such moneys are proposed to be borrowed the object of the local authority is primarily to provide employment for men who would otherwise be without employment, or without sufficient employment to enable them to maintain themselves and their families in a reasonable condition of comfort.

(3) Any moneys authorised to be borrowed by a local authority under this section may be borrowed by that local authority from the Superintendent of the State Advances Office, notwithstanding that the works for which such moneys are so borrowed may not be public works of any of the classes enumerated in section 60 of the principal Act. (4) The Superintendent of the State Advances Office is hereby empowered to make advances to local authorities for the purposes of any works to be undertaken pursuant to this section out of moneys for the time being available for the purposes of the local authorities’ branch of that office. (5) No money shall be borrowed under the authority of this section after December 31, 1923.