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Amendment of Acts. 2. The Tramways (Ireland) Acts, 1860 to 1896, as interpreted by the Railways (Ireland) Act, 1896, are hereby amended as follows: (1)Section nineteen of the Tramways (Ireland) Act, 1860, shall be read and construed as if the words "The Lands Clauses Acts" were inserted therein in lieu of the words "The Lands Clauses Consolidation Act, 1845, and the Railways Act (Ireland), 1851." (2)Any Order in Council under the Tramways (Ireland) Acts, 1860 to 1896, may provide that section forty-two of the Tramways (Ireland) Act, 1860, shall not apply to the tramway authorised by the Order. (3)Where any light railway or tramway constructed under the Tramways (Ireland) Acts, 1860 to 1896, has not been aided out of moneys provided by Parliament, no guarantee of a county district granted after the passing of this Act under those Acts as amended by this Act shall be deemed to impose any liability on any county district in respect of the default on the part of the promoters of such light railway or tramway in completing, working, and maintaining the undertaking, and any such guarantee of a county district shall be deemed to guarantee only the payment of dividends not exceeding four per centum upon so much of the share capital of the undertaking as is for the time being paid up capital as defined by the said Acts, provided that such guarantee shall operate only during the period authorised for the construction of the light railway or tramway or any extension or extensions of such period, and thereafter only during such period or periods (whether consecutive or not) as the light railway or tramway is open for traffic and is working.
© 1900 Crown Copyright
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