Bare Act Search Results

Tramways Act, 1902 Complete Act

State: Central

Year: 1902

.....it shall be lawful for the Tramway Company mentioned in the notification to pay interest upon its paid-up share capital out of capital in the manner and subject to the conditions prescribed by the said Indian Railway Companies Act, 1895. "In accordance with the suggestion made by the Government of Bengal, we have inserted in clause 2 a reference to the Bengal Tramways Act 1883 (Ben. Act III of 1883), so as to cover companies formed for the construction of tramways under that Act There are in the Statute book several other enactments authorising the construction and regulating the working of tramways but each of these-See for example, the Bombay Tramways Act 1874 (Bom. Act I of 1874)-deals entirely with a special concession granted to certain individuals, the Bengal enactment being the only local Act drawn on general lines like the Imperial Act of 1886. The Bengal case, therefore, alone requires to be provided for,"-S.C.R. Central Bare Acts

Indian Tramways Act, 1902 Preamble 1

Title: Indian Tramways Act, 1902

State: Central

Year: 1902

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: