Aboriginal Loans Commission
ALC
1974 – 1 July 1980
Statutory commission that made housing and business loans to Aboriginal and Torres Strait Islander people and enterprises.
How it came into existence
Established under the Aboriginal Loans Commission Act 1974, taking over from the Department of Aboriginal Affairs the capital fund for Aboriginal enterprises set up in 1968 and the Aboriginal housing loans scheme.
- Capital Fund for Aboriginal Enterprises
- Aboriginal housing loans
Legislation: Aboriginal Loans Commission Act 1974
How it ended
Abolished on 1 July 1980 when the Aboriginal Development Commission, created by the Aboriginal Development Commission Act 1980 (which repealed the Aboriginal Loans Commission Act 1974), took over its housing and business loan functions together with those of the Aboriginal Land Fund Commission.
- Housing loans
- Business loans
Main functions
- Housing loans to Aboriginal people
- Loans to Aboriginal business enterprises
- Loan guarantees
- Advice to Aboriginal enterprises
Where it sits
Last in the portfolio of Department of Aboriginal Affairs.
Lineage
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Sources
Primary sources
Government records and websites
Some dates or links for this organisation are uncertain. Corrections are welcome.