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RAILWAY COMPANIES ACT 1867 - SECT 11

Assent by holders of rentcharge in consideration of the purchase of another undertaking.

11. Where any rentcharge or other payment is charged on receipts of or is
payable by the company in consideration of the purchase of the undertaking of
another company, the scheme shall be deemed to be assented to by the holders
of such rentcharge or other payment when it is assented to in writing by three
fourths in value of such holders.


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© 1867 Crown Copyright

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