Transport Act, 1944
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Application or certain enactments to the Company. |
56.—(1) Section 60 of the Railways Act, 1924 (No. 29 of 1924), shall, on and after the establishment date, have effect as if for the reference therein to the amalgamated company there were substituted a reference to the Company. | |
(2) The references, in section 55 of the Railways Act, 1924 (No. 29 of 1924), and in sections 10 and 16 of the Railways Act, 1933 (No. 9 of 1933), to a railway company shall be construed as including references to the Company. | ||
(3) For the purposes of the Income Tax Acts the Company shall be deemed to be a railway company. | ||
(4) The Railways (Valuation for Rating) Act, 1931 (No. 47 of 1931), shall apply to the Company in respect of its railway undertaking in like manner as it applied immediately before the establishment date to the dissolved railway company in respect of its railway undertaking, and accordingly references in the Schedule to that Act to the dissolved railway company shall, on and after the establishment date, be construed as references to the Company. | ||
(5) For the purposes of sections 28 and 30 of the Road Transport Act, 1932 (No. 2 of 1932), the Company shall be deemed to be a company to which Part III of the said Act applies. | ||
(6) The Company shall be deemed to be an authorised (merchandise carrying) company for the purposes of the Road Transport Act, 1933 (No. 8 of 1933). | ||
(7) Subject to the provisions of this Act, the Company shall in relation to its railway undertaking, be deemed to be a railway company for the purposes of any enactment (including any provision of this Act) relating to railways. |