Purpose of loan

(1) Any sum raised to defray the expenses of issue shall be applied only to that purpose. (2) Save as aforesaid the sum borrowed under this Act shall be appropriated and applied to the purposes specified in the Schedule to this Act, Provided that the Minister may amend any item or add any new item to the Schedule. (3) Any made shall be laid before the House of Representatives as soon as may be after the making thereof, and if the House of Representatives by resolution request that any amendment laid before it be rescinded, amended or otherwise modified, such amendment shall be rescinded, amended or otherwise modified but without prejudice to the validity of anything done there under.