A.D. 1901.

Money may be borrowed in

accordance with

59 Vict. No. 6, or

52 Vict. No. 55.

Rate of Interest

Inscription of Stock.

3 Any money authorised by this Act to be borrowed, may be borrowed in the manner provided by "The Local Inscribed Stock Act, 1895," or "The Inscribed Stock Act, 1889," or partly in the manner provided by "The Local Inscribed Stock Act, 1895," and partly in the manner provided by "The Inscribed Stock Act, 1889," as the Treasurer may determine, as fully in all respects as if the provisions of the said Acts, save so far as is herein provided to the contrary, had been re-enacted in this Act.

4 Every sum borrowed under the authority of this Act shall bear and when payable. interest at a rate not exceeding Three Pounds Ten Shillings per centum per annum, and if borrowed in the manner provided by "The Local Inscribed Stock Act, 1895," such interest shall be payable quarterly on the First day of January, the First day of April, the First day of July, and the First day of October in every year, or if borrowed in the manner provided by "The Inscribed Stock Act, 1889," such interest shall be payable half-yearly on the First day of January and the First day of July in every year.

Date when money repayable.

59 Vict. No. 6. 52 Vict. No. 55.

Treasurer may dispense with signature of lender.

Power of
Attorney made

solely for dealing

with stock need not be stamped or registered.

5 Any money borrowed under the authority of this Act in accordance with the provisions of "The Local Inscribed Stock Act, 1895," shall be repayable not later than the year One thousand nine hundred and twenty-six, and any money borrowed under the authority of this Act in accordance with the provisions "The Inscribed Stock Act, 1889," shall be repayable not later than the year One thousand nine hundred and forty-one.

6 The Treasurer may, by writing under his hand, from time to time. dispense with the name of any person from whom any money is borrowed under this Act being signed in "The Local Inscribed Stock Book," and thereupon the Certificate authorised to be issued under the said Act shall be issued to such person.

7 Any power of Attorney made solely for the purposes of this Act shall not be subject to any Stamp Duty now or hereafter imposed by any Act, and it shall not be necessary to register such Power of Attorney in the office of the Registrar of Deeds, notwithstanding anything to the contrary contained in the Act, 24 Victoria, No. 3.

AN ACT to provide for the Conservation of a.d. 1901. the Waters of Lakes Sorell and Crescent,

and for the distribution of such Water.

[8 January, 1902.]

BE it enacted by His Excellency the Governor of Tasmania, by and

with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

1 This Act may be cited as "The Lakes Sorell and Crescent Short title.

Conservation Act, 1901."

2 The Acts set forth in the Schedule hereto, to the extent therein Repeal. mentioned, are hereby repealed.

3 In this Act, unless the context otherwise determines, "The Interpretation. Minister" means the Minister of Lands and Works of Tasmania for

the time being, and includes any person appointed by him or acting

under his orders.

"The Trustees of the River Clyde" shall mean the Trustees for the

time being appointed or elected under "The Clyde Water Act, 1898." 62 Vict. No. 62. "The Trustees of the Midland Water District" shall mean the

Trustees for the time being appointed or elected under "The Midland 62 Vict. No. 63. Water Act, 1898."

A.D. 1901.

Power to erect works and divert waters of Lake Sorell.

Powers of
Minister.

Conditions under which water of

he diverted.

Lakes Sorell and Crescent Conservation.

4-(1.) It shall be lawful for the Minister to enter upon Lake Sorell, Lake Crescent, and the Rivers Interlaken and Clyde, and the beds and shores thereof, and to cause such works to be erected or established in the beds of such Lakes and Rivers, and on the shores or banks thereof, as shall be necessary from time to time to conserve or divert the waters thereof, and to divert and appropriate such quantity of the water of the said Lakes and Rivers, not exceeding Ninety thousand cubic yards every Twenty-four hours, as shall be required for the purposes of "The Midland Water Act, 1898," and to deliver such water to the Trustees of the Midland Water District at such point as the Minister may determine :

(2.) It shall be lawful for the Minister to construct, repair, alter, and remove such channels, sluices, and other works as may be required to convey water directly from Lake Sorell or Lake Crescent to the River Clyde, as the Minister may deem necessary.

(3.) The Minister shall not be entitled to divert and appropriate any water from Lake Sorell or Lake Crescent, except as hereinafter proLake Sorell may vided, before the Trustees of the River Clyde shall have taken or have available to them a daily supply of One hundred thousand cubic yards of water from the waters in Lake Sorell or Lake Crescent, for the purposes of "The Clyde Water Act, 1898," such supply to pass through a meter or other contrivance for the measurement of the flow of water fixed at the outlet from Lake Sorell.

When Minister may conserve water at Lakes.

Owners of land to be paid compensation.

If the Minister at any time excavates or constructs any channel, sluice, or other works to convey water directly from Lake Sorell or Lake Crescent to the River Clyde, he shall erect another meter or other contrivance for the measurement of the flow of water at the intake of such channel, sluice, or other works from Lake Sorell or Lake Crescent; but the Minister shall not take from Lake Sorell or Lake Crescent, along such channel, sluice, or other work as aforesaid, a quantity exceeding One hundred thousand cubic yards every Twentyfour hours, for the purposes of "The Clyde Water Act, 1898."

5-(1.) The Minister shall construct a permanent gauge at a suitable place in the River Clyde at or near Bothwell.

(2.) Whenever the flow of water passing through the gauge at or near Bothwell exceeds One hundred thousand cubic yards in Twentyfour hours, it shall be lawful for the Minister to conserve the water of Lakes Sorell and Crescent, and to continue to so conserve such water so long as such flow of water passing through such gauge exceeds One hundred thousand cubic yards every Twenty-four hours.

6 The owner of any land shall be entitled to compensation for all loss or injury he may sustain by reason of the construction of any dam, channel, sluice, embankment, or work, and also for any other injury he may sustain by reason of the exercise by the Minister of any of the powers vested in him by virtue of this Act; and such compensation shall be ascertained and determined in the mode prescribed by The Lands Clauses Act, in cases of disputed compensation.