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VICTORIA.

ANNO VICESIMO SBCUNDO ELIZABETHS SECUNDyE REGINS

No. 8413. An Act to empower the Committee of Management of the Aerodrome to borrow Moneys and for other purposes. [nth April, 1973.]

HEREAS by an Order in Council dated 10th of June, 1969 Preamble. W certain lands in the Parish of Sandhurst were temporarily ^S-'*'!?oi5"* reserved as a site for an aerodrome hereinafter called " the '"' aerodrome " : And whereas pursuant to section 221 of the Land Act 1958 the aerodrome has been placed under the control and management of a Committee of Management : And whereas the Committee of Management desires to borrow certain moneys to enable improvements to be made to the aerodrome : And whereas the councils of the City of Bendigo, the and the Shires of Strathfieldsaye, Marong and Huntly are represented on the Committee of Management :

And whereas the said councils have agreed to guarantee any moneys borrowed by the Committee of- Management for the purposes of improving the aerodrome and to undertake to make certain annual contributions to the Committee of Management : '

And 178 1973. Bendigo Aerodrome. No. 8413

And whereas it is expedient to authorize the Committee of Management to borrow moneys for the said purposes and to authorize the said councils to execute guarantees in respect of any such loans made to the said Committee of Management : Be it therefore enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and the Legislative Assembly of Victoria in this present Parliament assembled and by the authority of the same as follows (that is to say):—

Short title. 1. This Act may be cited as the Bendigo Aerodrome Act 1973.

Interpretation. 2. In this Act— " Aerodrome." " Aerodrome " means the land temporarily reserved as a site for an aerodrome by Order in Council dated 10th June, 1969 and includes any land adjacent to that land which is subsequently reserved as a site for an aerodrome.

Power to 3. The Committee of Management of the aerodrome is hereby Committee of Management authorized and empowered to borrow such amount or amounts not to borrow. exceeding in all the sum of $40,000 for the purpose of making improvements to the aerodrome.

Power to 4. The council of the City of Bendigo, the council of the Borough certain councils to of Eaglehawk, the council of the , the council guarantee borrowings by of the Shire of Marong and the council of the are Committee of Management. hereby authorized and empowered to guarantee the repayment of any moneys borrowed by the Committee of Management of the aerodrome pursuant to the powers conferred on the Committee by this Act.