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TRANSPORT ACT (NORTHERN IRELAND) 1967 - SECT 64

Financial assistance by Holding Company to the railway undertaking.

64. Notwithstanding anything in section 48, the Holding Company may, and if so
required by the Ministry shall, make payments by way of grants, loans or
otherwise to the railway undertaking to meet

(a)any deficit in the revenue account of the undertaking;

(b)any capital expenditure incurred or to be incurred by the undertaking.

© 1967 Crown Copyright

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