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Provision in case of default in working of undertakings.
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7.—(1) Where any railway constructed under the principal Acts or this Act has been aided out of moneys provided by Parliament, the Board of Works may at any time (whether the undertaking has become the property of a grand jury or not) appoint an engineer or other fit person to inspect and report upon the condition of the undertaking, and the working, maintenance, and development of the same.
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(2) If such engineer or person reports that the undertaking is not efficiently worked, maintained, and developed, the Board of Works shall make a report to the Lord Lieutenant, and the Lord Lieutenant in Council, after giving all persons interested an opportunity of being heard, may, if satisfied that the undertaking has not been efficiently worked, maintained, or developed, make an order appointing a manager or receiver of the undertaking for such time and with such powers as may be specified in the order.
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