Indian Tramways Act, 1902 Preamble 1 - Bare Act

THE INDIAN TRAMWAYS ACT, 1902

[Act, No. 4 of 1902]

[AS ON 1958]

[14th February, 1902]

PREAMBLE

An Act to apply the provisions of the Indian Railway Companies Act, 1895, to certain Tramway Companies.

WHEREAS by the Indian Railway Companies Act, 1895, the Railway Companies therein mentioned are authorized to pay interest on their paid-up share capital out of capital in the manner and on the conditions prescribed by the said Act;

AND WHEREAS it is expedient to apply the provisions of the said Act to Companies formed for the construction of tramways not differing in structure and working from light railways;

It is hereby enacted as follows: