Railways Act, 1921.
[11 & 12 Geo. 5. Ch. 55.]
ARRANGEMENT OF SECTIONS.
Part I. Reorganisation of the Railway System. | |
Section. | |
1. | Grouping of railways. |
2. | Preparation and settlement of amalgamation schemes. |
3. | Provisions to be contained in amalgamation schemes. |
4. | Preparation and approval of absorption schemes. |
5. | Provisions to be contained in absorption schemes. |
6. | Provisions as to determination of terms and conditions of amalgamation or transfer. |
7. | Supplementary provisions as to schemes. |
8. | Preliminary scheme. |
9. | Constitution and procedure of amalgamation tribunal. |
10. | Staff and expenses of tribunal. |
11. | Composition of claims in respect of Government possession of railways. |
12. | Allocation of compensation under railway agreements. |
13. | Power of constituent companies to issue redeemable debenture stock. |
14. | Railway Clearing House. |
15. | Power of trustees to invest in securities of amalgamated companies. |
Part II. Regulation of Railways. | |
16. | Power to make orders as to working of railway companies. |
17. | Power to make orders as to acquisition of land, &c. |